CFOtech Australia - Technology news for CFOs & financial decision-makers
Australia

Fraud prevention Stories - Page 2

Australian Stories

Fraud prevention stories

Visa adds Australian banks to AI payments programme
Digital Transformation

Visa adds Australian banks to AI payments programme

Australian banks are now trialling AI-led purchases under Visa's controls, as the payments group seeks to protect consent and spending limits.

By Sean Mitchell • 5 min read • Last week

Global Stories

Fraud prevention stories

Data quality powers KYB: Mitigating risk and fighting fraud in real-time
Fintech

Data quality powers KYB: Mitigating risk and fighting fraud in real-time

Real-time business checks can now flag fraud, sanctions risks and beneficial owners before financial institutions onboard risky clients.

By Bud Walker • 5 min read • 5 days ago
NCA data disrupts 50,000 fraud accounts in Google tool
Marketing Technologies

NCA data disrupts 50,000 fraud accounts in Google tool

Shared UK crime data has helped Google disable nearly 50,000 fraudulent accounts and expose more than 5,000 fake bank websites.

By Joseph Gabriel Lagonsin • 4 min read • 5 days ago
Buy reviews searches surge 1,325% as trust worries grow
Customer Experience

Buy reviews searches surge 1,325% as trust worries grow

Shoppers are being urged to scrutinise online sellers after search data showed a sharp rise in queries for bought credibility signals.

By Joseph Gabriel Lagonsin • 5 min read • 5 days ago
Stripe unveils Google AI commerce push & token billing
Crypto

Stripe unveils Google AI commerce push & token billing

The new tools could let merchants sell inside AI apps and bill for token use in real time, while tightening fraud checks.

By Karen Joy Bacudo • 5 min read • 6 days ago
apexanalytix launches Qubiton for AI-powered supplier checks
Data Protection

apexanalytix launches Qubiton for AI-powered supplier checks

apexanalytix brings supplier risk checks to AI tools with Qubiton, opening access to 280 million company records via APIs, chatbots and MCP.

By Sofiah Nichole Salivio • 4 min read • 6 days ago
World Password Day faces calls to move beyond passwords
Data Protection

World Password Day faces calls to move beyond passwords

Security chiefs say AI agents and credential theft are making password-only defences too risky as World Password Day returns.

By Sofiah Nichole Salivio • 4 min read • 6 days ago
KnowBe4 finds 86% of phishing attacks now AI-driven
Unified Communications

KnowBe4 finds 86% of phishing attacks now AI-driven

Threats are spreading beyond inboxes as phishing shifts into Teams, calendars and other collaboration tools, raising the risk for hybrid workers.

By Sean Mitchell • 3 min read • 6 days ago
Outtake launches Recon Agent to trace AI attacks early
Firewalls

Outtake launches Recon Agent to trace AI attacks early

Security teams can now trace AI-led attacks before phishing begins, as Outtake targets lookalike domains, bot networks and fake accounts.

By Catherine Knowles • 3 min read • Last week
Sumsub launches Adaptive Deepfake Detector for fraud
Gaming

Sumsub launches Adaptive Deepfake Detector for fraud

Sumsub launches adaptive deepfake detector that updates within hours, as online learning aims to outpace AI-driven fraud and multi-step attacks.

By Catherine Knowles • 4 min read • Last week
Experian launches Agent Trust for AI-led commerce
Firewalls

Experian launches Agent Trust for AI-led commerce

The new framework aims to curb fraud and unauthorised purchases as AI agents start making payments on behalf of shoppers.

By Catherine Knowles • 4 min read • Last week
Ecommpay expands BridgerPay partnership across Asia
Crypto

Ecommpay expands BridgerPay partnership across Asia

Ecommpay deepens BridgerPay tie-up to give merchants in the UK, EU and South East Asia access to local payment methods through one integration.

By Sofiah Nichole Salivio • 4 min read • Last week
Bots make up 53% of web traffic, Thales report says
Firewalls

Bots make up 53% of web traffic, Thales report says

Thales says AI-driven bots now account for 53% of web traffic, as malicious automation surges and API attacks intensify across finance.

By Shannon Williams • 4 min read • Last week
SMS phishing campaign targets Australia & New Zealand
Endpoint Protection

SMS phishing campaign targets Australia & New Zealand

Thousands of motorists and households face fake toll and fine texts that can steal card details and personal data if they click the links.

By Sean Mitchell • 4 min read • Last week

Stories from Other Regions

Fraud prevention stories

KYA is the new KYC: The payment identity problem AI commerce cannot afford to ignore
Biometrics

KYA is the new KYC: The payment identity problem AI commerce cannot afford to ignore

High decline rates and chargeback risk are already hitting merchants as AI agents struggle to pass payment checks built for human shoppers.

By Alpesh Patel • 5 min read • 6 days ago
Edinburgh study calls for youth-friendly banking redesign
Gaming

Edinburgh study calls for youth-friendly banking redesign

Edinburgh research urges banks to co-design youth services with customers, after 350 Scots say digital money, gaming and patchy advice are reshaping finances.

By Karen Joy Bacudo • 5 min read • 6 days ago
Visa expands agentic commerce testing with NZ banks
Digital Transformation

Visa expands agentic commerce testing with NZ banks

Four of New Zealand’s biggest lenders are testing AI-driven payments as Visa moves to safeguard shopping across merchants and platforms.

By Sean Mitchell • 3 min read • Last week