Fraud prevention stories

Advanced AI and automation are rendering traditional accounts payable obsolete, with CFOs now leading the shift to faster, more secure, data-driven finance processes.

Australian companies must automate accounts payable to cut costs, reduce fraud risks, and improve cash flow visibility amid mounting pressure on finance teams.

Sterling Lotteries teams up with Yaspa to offer instant Pay by Bank transfers, cutting costs and speeding up charity lottery payments across the UK.

Indosat's Anti-Scam feature blocked over 500 million scam calls and messages in under three months, protecting 11.5 million users monthly from digital fraud.

New Zealand’s GrowPay launches a digital platform offering farmers flexible loans and payments to match seasonal cash flows and ease financial stress.

Canadian tech and finance leaders call for open banking reforms and streamlined regulations to boost innovation ahead of the federal budget announcement.

New Zealand faces NZD $1.6bn in scam losses; criminologist urges tougher regulation on social media and telco firms to curb cybercrime syndicates.

CelcomDigi and Media Prima's anti-scam campaign has reached over 4 million Malaysians, raising awareness of online scams via TV and digital platforms.

Ping Identity will acquire London-based Keyless to enhance its platform with privacy-preserving biometric authentication, boosting security and user privacy.

Australian retailers face rising returns fraud yet must adopt smarter tech-driven policies over stricter rules to protect loyal customers and retain sales.

A FICO survey reveals 70% of UK consumers rank fraud protection as a top priority when choosing banks, reflecting rising security concerns.

Data Zoo partners with Ping Identity to provide verified global data in PingOne Verify, boosting secure digital identity verification across 60+ countries.

Fraud losses in the UK rose to GBP £629.3m in early 2025 despite banks blocking GBP £870m in unauthorised fraud attempts, driven by online scams.

ANZ, Griffith University, AWS and Queensland Police launch a Brisbane hackathon to combat rising cybercrime and boost local cyber talent and resilience.

Nearly half of UK shoppers plan to use AI agents for holiday shopping, showing growing trust despite some security concerns ahead of the peak season.

A survey shows 73% of shoppers use AI tools, raising new fraud risks and liability concerns for merchants during the rise of agentic commerce.

Zepto launches Zepto Validate, a real-time account verification service in Australia to reduce payment fraud and failures with smart risk scoring.

Kmart breached Australian privacy laws by using facial recognition in 28 stores without proper consent, collecting biometric data to tackle refund fraud.

Canada unveils its first National Anti-Fraud Strategy and a Financial Crimes Agency to tackle rising fraud losses, which hit CAD $643 million in 2024.

New Zealanders risk scams this holiday season by sharing personal data for discounts and shopping via social media, as AI-fuelled frauds rise, Norton warns.