Fraud prevention stories - Page 13

Digimune and MY CYBER GUARD have teamed up to launch an Australian identity protection service for households and small businesses.

Fi911 launches ResolveLab, a platform simplifying payfac access to Mastercard tools for quick dispute prevention and subscription management globally.

Despite 69% of payments leaders seeing their firms as market frontrunners, only 44% prioritise innovation amid legacy and regulatory hurdles.

US retailers face rising friendly fraud during Cyber Week as 77% of shoppers dispute charges via banks, threatening profits amid USD $43.7bn online spend.

AI-powered scams have caught Australians out, with losses hitting AUD $945M in 2024 as fraudsters exploit sophisticated, multi-channel tactics.

LexisNexis has upgraded its IDVerse platform with advanced deepfake detection and unified fraud controls, improving security and user experience globally.

Retailers in Australia and New Zealand must act like technology firms, using real-time data and strong security to thrive during peak shopping seasons.

Australia's real-time network has blocked over AUD $60m in fraud attempts, protecting 85% of bank customers with advanced behavioural payment analysis.

Success in China's booming $378 billion cross-border eCommerce market hinges on clean, accurate data-not just logistics-for speedy delivery and happy customers.

Friendly fraud is set to rise by 25% over the peak holiday shopping days, with transactions averaging USD $291, costing retailers billions globally.

Australian retailers face rising cyber threats ahead of Black Friday, with fraud and losses surging as online shopping peaks during the holiday sales period.

AI-driven identity fraud spikes with deepfakes causing 58% rise in biometric scams and a 40% surge in injection attacks, says Entrust report.

Secure data sharing via Consumer Data Right and Digital ID could streamline real estate processes, easing rental applications and boosting privacy in Australia's market.

Retailers face rising digital and cyber threats this Black Friday, with only 22% of sites optimised for mobile user experience amid surging online traffic.

Seventy percent of Australians plan to shop online this holiday season, with AI tools and Buy Now, Pay Later options driving a digital surge in sales.

Online fraud attempts nearly quintupled on Black Friday, forcing retailers to tighten checks and risking cart abandonment during peak sales season.

AI is revolutionising payments in Australia, enabling scale, smarter risk management, and seamless customer experiences beyond mere system upgrades.

UTS has developed CASPER AI, an assistant using AI to detect cyber threats and guide users and organisations in secure, compliant responses.

cside wins three industry awards for pioneering client-side web security as browser-based threats rise, challenging traditional protections and compliance efforts.

SEON launches enhanced AML platform tools to help businesses manage complex cross-border compliance with flexible screening and investigative analytics.