Fingerprint Announces Proximity Detection To Combat Device Farms And Multi-Accounting Fraud
- 6 days 4 hours ago
- Fraud Detection
Fingerprint, a leader in device intelligence for fraud prevention, today announced Proximity Detection, a new location-based signal for mobile devices that enables enterprises uncover hidden fraud patterns and device farms by linking devices in close physical proximity.
Visa Blocked 280% More Suspected Fraud in the UK on Black Friday
- 1 week 4 days ago
- Fraud Detection
This Black Friday, fraudsters once again made concerted efforts to target bargain hunters hoping to cash in on the shopping frenzy, but this year far fewer succeeded. Visa blocked 280% more suspected fraud in the UK on Black Friday 2025 compared to Black Friday 2024, and 63% more compared to the previous Friday. Across Europe, Visa blocked 140% more suspected fraud on this year’s Black Friday, compared to last year’s, and 40% more compared to... more
‘Sophisticated Fraud’ Up 180% Globally and UK Deepfake Attacks Double, Warns Sumsub
- 1 week 6 days ago
- Fraud Detection
Sumsub, a global leader in verification and fraud prevention, today released its latest Identity Fraud Report for 2025-2026.
Santander UK Calls for a Consumer-First Payments Strategy as New Research Shows Fraud Prevention Is the Public’s Top Priority
- 1 week 6 days ago
- Fraud Detection
Consumers want innovation in the payments industry to prioritise fraud prevention, security and protection over speed and convenience when choosing how to pay, according to a new report published today by Santander UK. Santander’s “Transacting Tomorrow: The role of retail payments in powering UK growth”, finds most (70%) consumers believe today’s payments work well, but want future innovation to tackle what they perceive to be “the real gaps”,... more
Seven in Ten US Banks Brace for Check Fraud Surge Ahead of Thanksgiving
- 3 weeks 5 days ago
- Fraud Detection
Over seven in ten (73%) US financial institutions believe preventing check fraud is one of the biggest fraud challenges they currently face, reveals new research from fraud and financial crime prevention company Featurespace, a Visa Solution. This rises to eight in ten (80%) amongst the largest financial institutions with over 250 employees.
2025 Holiday Profits at Risk From Friendly Fraud, Warns Chargebacks911
- 4 weeks 8 hours ago
- Fraud Detection
Each year, Black Friday and Cyber Monday spark a global sales frenzy, with the latter being the biggest online shopping day on record in 2024. According to Adobe’s online shopping forecast for the 2025 holiday season, online sales in the U.S.
Young Brits Hit Hardest by Scams – Nearly Half Lost Money in the Past Year
- 1 month 2 days ago
- Fraud Detection
Nearly half (47%) of 18-34 year-olds in the UK lost money to fraud or scams during the last year, a stark reminder that fraudsters are increasingly targeting the digital-savvy younger generations. New research from fraud and financial crime prevention company Featurespace, a Visa Solution, reveals the scale of the problem.
Tech Startups Stall on Stablecoins Due to Fraud Fear and Links to Crime
- 1 month 4 days ago
- Fraud Detection
Tech startups are embracing stablecoins to streamline cross-border payments and boost operational efficiency, new research from issuer processing powerhouse Enfuce reveals. But adoption is still being constrained by concerns over fraud and links to criminal activity.
FICO Survey: Fraud Department Is Secret Weapon for Customer Acquisition
- 1 month 2 weeks ago
- Fraud Detection
New research on fraud, identity, and digital banking from global analytics software leader FICO reveals that British consumers are prioritizing fraud protection over other considerations when selecting financial service providers. Banking-related fraud, such as stolen cards and identity theft leading to application fraud, tops their list of concerns, while traditional scams like cash theft and shopping frauds rank far lower.
Visa’s Scam Disruption Unit Announces $1 Billion Milestone
- 2 months 6 days ago
- Fraud Detection
Visa, a leader in global payments, has announced that its groundbreaking Scam Disruption Practice has identified over $1 billion in fraud attempts since its inception just a year ago – and over $260 million in Europe alone. Working with clients and law enforcement teams around the world, the unit has dismantled more than 25,000 scam merchants.
False Declines Are Quietly Costing Merchants More Than Fraud Itself, Warns Chargebacks911
- 2 months 6 days ago
- Fraud Detection
The payments industry has spent decades waging war on fraud. But according to Chargebacks911, a global leader in dispute resolution and chargeback prevention, data shows merchants are losing more money and goodwill to false declines than to fraud itself. The findings, drawn from the company’s Cardholder Dispute Index and Chargeback Stats, highlight how blunt fraud filters are quietly eroding revenue, trust, and loyalty at a staggering rate.
Trustfull Unveils Trustfull Session to Distinguish Real Users from Bad Actors, Human or Not
- 2 months 6 days ago
- Fraud Detection
Trustfull, a leader in frictionless fraud prevention technology, today announced the release of Trustfull Session, a next-generation risk intelligence solution designed to detect and block malicious traffic - whether bot-driven or human-led - without slowing down legitimate users or trusted AI agents.
HYPE and Cleafy Signed a Partnership for the Integration of Cleafy’s FxDR Platform for Fraud Prevention
- 2 months 1 week ago
- Fraud Detection
HYPE, the 100% Italian neobank that has been reshaping banking since 2015 to promote an increasingly mature, informed and peaceful relationship with money, and Cleafy, a company specialised in the design and development of software solutions for the identification and prevention of financial fraud, have signed a partnership agreeme
Thredd Launches First-to-Market Fraud Solution in Collaboration with Featurespace
- 2 months 1 week ago
- Fraud Detection
Thredd, a leading next-generation global payments processor, today announced the introduction of One View, a first-to-market fraud solution developed in collaboration with global fraud and financial crime detection innovators,
European Central Bank Concludes A Framework Agreement With Feedzai To Detect And Prevent Fraud For Forthcoming Digital Euro
- 2 months 2 weeks ago
- Fraud Detection
The European Central Bank (ECB) has concluded a framework agreement in ranking with Feedzai, the world's leading RiskOps platform for financial crime prevention, as the first-ranked tenderer, to provide the central fraud detection and prevention mechanism for the digital euro.
