Fraud Affects Men and Women Equally but Women Pay a Higher Price
- 6 hours 41 min ago
- Fraud Detection
Financial fraud may appear gender-neutral, but its consequences are not. New research from Europe’s card issuing and processing powerhouse Enfuce reveals that despite similar rates of financial fraud, women suffer greater lasting emotional and financial damage.
Tech Giants Urged To Join Fight Against Soaring Scam Ads In UK
- 1 day 6 hours ago
- Fraud Detection
Social media giants are being urged to join the fight against the soaring number of scam ads in the UK and to pay their fair share in combatting online fraud. The call comes ahead of the Government’s National Fraud Strategy, set to be published imminently. The Payments Association (TPA), wants a Home Office-led overhaul of how online fraud is fought in the UK and set out the sector’s view on the way forward and how to take action at its PAY360... more
One in Five Brits Admit to Committing Friendly Fraud, Research Finds
- 2 days 1 hour ago
- Fraud Detection
One in five Brits (22%) have asked their bank for a refund within the past 12 months for legitimate items and services purchased, new research has found. While more than half (58%) of customers said they returned the money after realising their mistake, 36% ended up keeping the refund. Younger consumers were found to be far more likely to have filed false chargeback claims, with two in five people (40%) aged 16–24 admitting to doing so within... more
“I Didn’t Buy That, My AI Did”: A New Trend Emerges, Warns Chargebacks911
- 1 week 3 days ago
- Fraud Detection
Chargebacks911, a global leader in dispute resolution and chargeback prevention, is warning merchants and payments leaders that the rise of agentic commerce will reshape the amerbes nature of disputes, as AI systems move from recommending purchases to executing them.
Business Leaders Lose A Month To Fraud Each Year, As Demand For Better Payments Tech Surges
- 1 week 4 days ago
- Fraud Detection
Retail leaders are spending a full working month each year dealing with the ongoing fight against fraud, new research finds.
Visa Data Shows Airline Fraud Drops 2.9%, but Total Losses Rise to $77.7 Million
- 2 weeks 4 days ago
- Fraud Detection
Visa’s latest report reveals that European airline fraud losses have climbed to $77.7 million over the past year (VisaNet MIS Fraud Insights) even as overall fraud rates have declined by 2.9%. This rise has been driven by increasingly sophisticated cross-border operations, but as 99% of this fraud in the region now occurs through e-commerce, this gives airlines a significant opportunity to strengthen their defences.
Gr4vy Launches “Silent Mode” for Risk Management Services
- 1 month 2 days ago
- Fraud Detection
Gr4vy, the cloud-based payment orchestration platform, today announced the release of Silent Mode for its anti-fraud connectors, a new feature that lets merchants deploy multiple fraud detection services in parallel, enabling evaluation, warming up, or migration of new providers without disrupting live payment decisions or slowing checkout.
Equifax Launches Credit Abuse Risk Model To Help Protect Lenders Against the Rising Financial Impact of First-Party Fraud
- 1 month 2 days ago
- Fraud Detection
Equifax® today announced the launch of Credit Abuse Risk, a new predictive model that uses FCRA-regulated data and is designed to help protect lenders against first-party fraud and drive more confident lending decisions.
NICE Actimize Unveils Insights Network, the Unified Force for Proactive Fraud & Financial Crime Prevention
- 1 month 6 days ago
- Fraud Detection
NICE Actimize, a NiCE business, has announced the launch of the Actimize Insights Network, a groundbreaking intelligence network designed to give financial institutions real-time visibility into counterparty risk.
Feedzai And Matrix USA Launch Global Partnership To Modernize Financial-Crime Prevention With AI-Native Defenses
- 1 month 2 weeks ago
- Fraud Detection
Feedzai, the leading AI-native RiskOps platform for financial crime prevention, and Matrix USA, a leader in advisory and technology services for the financial industry, today announced a global partnership that will bring modern technology and services to banks and financial institutions to fight fraud and money laundering at speed and scale.
Rising Fraud Puts Half of UK Retailers at Risk of Closing or Scaling Back in 2026
- 1 month 2 weeks ago
- Fraud Detection
Rising fraud is putting significant pressure on UK retailers, with half of businesses at risk of closing or scaling back in the year ahead, new research finds.
Experian’s New Fraud Forecast Warns Agentic AI, Deepfake Job Candidates And Cyber Break-Ins Are Top Threats for 2026
- 1 month 3 weeks ago
- Fraud Detection
Experian® today released its annual Future of Fraud Forecast, identifying five fraud trends expected to impact businesses and consumers the most in 2026. This year’s forecast shows fraudsters are rapidly weaponizing technologies to launch attacks that are more autonomous and harder to detect. From AI-driven scams to deepfake job candidates, these threats signal a new era of risk.
LexisNexis Risk Solutions Releases Enhanced LexisNexis IDVerse To Advance Fraud Prevention Through Innovative Document Authentication
- 2 months 2 weeks ago
- Fraud Detection
LexisNexis® Risk Solutions today announced an enhanced version of LexisNexis® IDVerse®, bringing next-generation document and biometric verification to industries including financial services, gaming, retail, telecommunications and more.
Sardine and Helix Partner to Deliver Real-Time Fraud Monitoring and Compliance Capabilities to Sponsor Banks
- 2 months 2 weeks ago
- Fraud Detection
Sardine, the leading agentic risk management platform designed to protect companies from financial crime, today announced its partnership with Helix by Q2 , an award-winning, cloud-native core purpose-built for embedded finance. Through this partnership, Sardine will deliver real-time transaction monitoring, fraud interdiction, and BSA/AML compliance tools, helping Helix’s sponsor banks and fintechs strengthen risk management.
Fingerprint Announces Proximity Detection To Combat Device Farms And Multi-Accounting Fraud
- 2 months 3 weeks 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.
