Greenlight Introduces Family Shield Plan to Protect Seniors Against Fraud and Theft
- 1 year 1 month ago
- Fraud Detection
Greenlight®, the award-winning money and safety app for families, today announced the launch of Family Shield, its newest subscription plan designed to help caregivers protect seniors from financial fraud and ensure their physical safety.
First-Party Fraud Surpasses Scams to Become the Leading Form of Global Attacks
- 1 year 1 month ago
- Fraud Detection
LexisNexis® Risk Solutions today releases its annual Cybercrime Report, an analysis of over 104 billion global transactions in the LexisNexis® Digital Identity Network® platform during 2024. The report, The Calm Before the Storm?, shows a significant swing in the composition of global fraud attacks, with first-party fraud now the leading type globally, representing a third (36%) of all reported fraud in 2024, up from 15% the year before.
Feedzai: More Than 50% of Fraud Driven by AI and Hyper-Realistic Impersonations, but Banks Also Use Generative AI to Fight Back
- 1 year 1 month ago
- Fraud Detection
Feedzai, the global leader in AI-native financial crime prevention, today released its
payabl. Leverages Sift’s AI-Powered Fraud Platform to Protect Businesses from Fraud
- 1 year 1 month ago
- Fraud Detection
payabl., a leading European financial technology provider, today announced its partnership with Sift, the AI-powered fraud platform delivering identity trust for hundreds of businesses worldwide. This integration allows payabl.’s customers to benefit from real-time fraud prevention powered by artificial intelligence driving growth while reducing risk.
Veriff Accelerates Global Growth With Latin America Expansion
- 1 year 2 months ago
- Fraud Detection
Veriff, a global AI-native identity verification company powering trust infrastructure online, expands into Latin America with the opening of its Veriff Americas headquarters in São Paulo, Brazil.
Lynx Launches Next-Generation Fraud Prevention Models
- 1 year 2 months ago
- Fraud Detection
Lynx Financial Crime Tech, S.A., a leading provider of Artificial Intelligence (AI) software that detects and prevents fraud and financial crimes, today announces the launch of its next generation of its Daily Adaptive Models (DAMs), a fraud detection solution. This significant upgrade marks a pivotal moment in the company's ongoing mission to protect financial institutions and their customers from increasingly sophisticated fraudulent... more
73% of UK Firms Pay ‘Fraud Tax’ as AI Attacks Surge, Veriff Research Reveals
- 1 year 2 months ago
- Fraud Detection
Nearly three-quarters (72.5%) of UK businesses have seen an increase in online fraud over the past 12 months, according to a new survey commissioned by Veriff.
Fingerprint Reports 175% Revenue Growth and Platform Expansion as Demand for Enterprise Fraud Prevention Intensifies
- 1 year 2 months ago
- Fraud Detection
Fingerprint, a leader in device intelligence for fraud prevention and returning user experience optimization, today announced 175% revenue growth over two years as enterprises increasingly select its platform to reduce fraudulent transactions, strengthen account security and increase customer lifetime value.
Less Than 150 Days to Go: How to Prepare for Failure to Prevent Fraud
- 1 year 2 months ago
- Fraud Detection
A wave of payment regulations is set to reshape the financial landscape in 2025, but none will hit UK businesses as directly as the new corporate criminal offence: ‘Failure to Prevent Fraud’. Introduced under the Economic Crime and Corporate Transparency Act (ECCTA), this law takes effect on 1st September 2025, placing direct responsibility on businesses to prevent fraudulent activity within their organisations.
Ecommpay Urges Merchants to Adopt Modern Mindsets as Ticket Fraud Soars
- 1 year 2 months ago
- Fraud Detection
Following recent data from Action Fraud that reveals £9.7 million was lost to ticket fraud in 2024, Ecommpay, the inclusive global payments platform, is working closely with merchants to help them understand and tackle fraud to help protect customers.
Santander Quarterly Scamtracker Reveals Over £18 Million Stolen by Scammers
- 1 year 2 months ago
- Fraud Detection
Santander UK is today launching ‘The Santander Quarterly Scamtracker’, which shows that a total of £18,404,965 was stolen from customers in the first three months of 2025. While this marks a 13% decrease in the amount taken by scammers during the previous quarter (Q4 2024), the bank has highlighted a series of new worrying trends emerging.
Sun, Sea, and Scammers – How to Avoid the Rising Risk of Travel Fraud This Easter
- 1 year 2 months ago
- Fraud Detection
Three in five UK adults are planning an overseas holiday this year, so with millions of people across the UK planning on heading off on holiday this Easter and over the summer months, travellers offer an easy target for unscrupulous fraudsters. Holidaymakers lost over £11 million to holiday scams last year, according to research from Action Fraud. Over 6,000 reports of holiday fraud were made last year with an average loss of over £1,800 per... more
Sumsub Launches New Education Center to Empower Fraud and Compliance Professionals
- 1 year 2 months ago
- Fraud Detection
Sumsub, a global full-cycle verification platform, is launching Sumsub Academy, an educational initiative aimed at empowering compliance, risk, and fraud prevention professionals. As the first verification and anti-fraud company to offer educational courses with external market experts, the Academy is designed to provide real-world compliance strategies, practical knowledge, and career-boosting credentials through free, expert-led modules.
Datos Insights Spotlights Best-In-Class Data And Fraud Orchestration Capabilities Of The Provenir AI Decisioning Platform
- 1 year 3 months ago
- Fraud Detection
As fraudsters continue to exploit any weaknesses in financial services systems, financial institutions must stay ahead of fraud threats, necessitating an integrated approach to risk decisioning across both fraud prevention and credit risk use cases.
Visa Unveils Its Scam Disruption Practice, Helping Protect Consumers And The Financial Ecosystem Globally
- 1 year 3 months ago
- Fraud Detection
Visa, a global leader in payment technology, today unveiled its scam disruption practice focused on identifying and stopping complex scams as they emerge. The new department, which sits under Visa Payment Ecosystem Risk and Control (PERC), saved victims $350 million (€335 million) across dozens of scams last year. This is in addition to the $40 billion (€39 billion) PERC blocked in attempted fraud on the Visa network last year.
