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Fraud prevention stories

Mangopay expands Virtual Accounts to 24 currencies
Fintech

Mangopay expands Virtual Accounts to 24 currencies

Platforms handling cross-border collections can now reconcile payments in 24 currencies, as Mangopay widens Virtual Accounts support from seven.

By Karen Joy Bacudo • 3 min read • Yesterday
Frame launches AI campaign against social engineering
Digital Transformation

Frame launches AI campaign against social engineering

Rising use of deepfakes and voice cloning is forcing firms to rethink staff training as insurers and buyers scrutinise human risk more closely.

By Sean Mitchell • 4 min read • Yesterday
Eltropy opens AI agent marketplace for fintech partners
Software-as-a-Service

Eltropy opens AI agent marketplace for fintech partners

Community banks and credit unions could get faster access to specialist AI tools as Eltropy opens its platform to vetted fintech builders.

By Karen Joy Bacudo • 4 min read • Yesterday
Australian compliance teams flag data silos as key gap
Crypto

Australian compliance teams flag data silos as key gap

Nearly half of Australian compliance teams said fragmented systems were their biggest weakness, hampering efforts to spot sanctions and scam risks.

By Karen Joy Bacudo • 4 min read • 2 days ago
Elastic finds AI-assisted banking fraud ring in Mexico
Crypto

Elastic finds AI-assisted banking fraud ring in Mexico

A live fraud campaign targeting Mexican banks, fintechs and crypto services exposed how criminals are using generative AI to draft malware.

By Mark Tarre • 4 min read • 2 days ago
Australia & New Zealand phishing risk drops after training
Ransomware

Australia & New Zealand phishing risk drops after training

After a year of security awareness training, only 5.3% of workers in Australia and New Zealand were likely to engage with phishing attempts.

By Mark Tarre • 4 min read • 2 days ago
Vonage launches Okta authentication suite to curb fraud
Unified Communications

Vonage launches Okta authentication suite to curb fraud

Enterprises using Okta may gain stronger checks against SIM swap fraud and inflated traffic as Vonage packages SMS and voice authentication.

By Sofiah Nichole Salivio • 3 min read • 3 days ago

Stories from Other Regions

Fraud prevention stories

Food Alert warns of AI food fraud in UK hospitality
Risk & Compliance

Food Alert warns of AI food fraud in UK hospitality

Food businesses face refund losses and regulatory checks as AI-made complaints and images are increasingly used to allege food safety failings.

By Mark Tarre • 5 min read • Yesterday
Net-Defence warns travel scams grow more convincing
Multi-factor authentication

Net-Defence warns travel scams grow more convincing

Travel firms are facing more convincing fraud as criminals use genuine booking details to trick customers into paying bogus fees.

By Sean Mitchell • 5 min read • Yesterday
Hong Kong shoppers embrace AI, but not at checkout
Data Protection

Hong Kong shoppers embrace AI, but not at checkout

While discovery is already mainstream, 45% of Hong Kong shoppers still balk at letting AI complete purchases, the survey found.

By Karen Joy Bacudo • 4 min read • Yesterday
Utilities & telecoms firms face widespread payment woes
Fintech

Utilities & telecoms firms face widespread payment woes

Payment disruptions are worsening customer experience at utilities and telecoms firms, with 99% of respondents reporting some form of issue.

By Mark Tarre • 3 min read • Yesterday
Ecommpay launches podcast on payment issues for merchants
Data Analytics

Ecommpay launches podcast on payment issues for merchants

Merchants will hear practical advice on approvals, AI and expansion as Ecommpay tries to simplify a crowded payments market.

By Sofiah Nichole Salivio • 4 min read • Yesterday
UK shoppers back security checks but quit slow checkouts
Fintech

UK shoppers back security checks but quit slow checkouts

Payment providers risk losing sales as four in ten UK shoppers abandon purchases when security checks delay or fail at checkout.

By Sofiah Nichole Salivio • 4 min read • 2 days ago
Australian healthcare providers urged to register SMS IDs
Data Protection

Australian healthcare providers urged to register SMS IDs

Patients could miss vital appointment and medication texts if healthcare providers fail to register before messages are labelled “Unverified”.

By Sean Mitchell • 4 min read • 2 days ago
Confirmation of Payee passes 150 million checks in year
Data Protection

Confirmation of Payee passes 150 million checks in year

The name-checking service is now helping avert scam losses and mistaken payments, with more than 150 million checks completed in its first year.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Kord raises GBP £6.4 million to scale regulated fintech
Digital Transformation

Kord raises GBP £6.4 million to scale regulated fintech

The cash will help the fintech expand its team and product as regulated firms seek faster onboarding, compliance checks and payments.

By Sofiah Nichole Salivio • 4 min read • 3 days ago
Savi launches app to fight AI scams & raises USD $7m
Data Protection

Savi launches app to fight AI scams & raises USD $7m

Households hit by AI-driven fraud can now screen suspicious calls and texts as Savi debuts its app and secures USD $7 million.

By Mark Tarre • 4 min read • 3 days ago