Fraud prevention stories - Page 13

In 2026, logistics will pivot towards proven robotics, practical AI, cloud resilience, and enhanced visibility to tackle rising complexity and costs.

BioCatch launches Connect 2.0, a platform using behavioural and device data to fight rising digital banking fraud and AI-driven financial crimes globally.

Australian firms are urged to strengthen defences as global occupational fraud losses reach USD $3.1 billion amid rising complex scams and cyber threats.

Over half of finance teams report only partial AI automation, focusing on accuracy and fraud prevention amid reliance on outdated tools and manual tasks.

British firm TMT ID secures GBP £30m from BGF to expand real-time age verification and fraud prevention globally, focusing on the US market.

AI-driven digital fraud, including deepfakes and fake personas, could cost firms USD $11.5 billion globally by 2027, outpacing traditional defences.

Retailers risk losses up to USD $500,000 from AI-driven fraud this Black Friday as bot attacks exploit security gaps in account creation and login processes.

Riskified urges shoppers and merchants to stay vigilant against rising AI-driven eCommerce fraud as holiday online sales may hit USD $311 billion in 2025.

Fraud risks rise as firms overlook obsolete tech; underinvestment in end-of-life IT assets could cost USD $27.1m per breach, warns Iron Mountain's Asia Pacific GM.

Kiwis face a surge in SMS scams this holiday season, with fraudsters targeting bank details through fake delivery alerts and urgent messages.

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

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

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

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

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

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.

FICO has secured ten new patents to enhance Responsible AI, boosting transparency and fraud prevention across numerous sectors globally.

Visa's new Acquirer Monitoring Programme, effective October 2025, imposes stricter fraud and dispute thresholds, charging USD $8 per transaction dispute over 2.2%.

Bitsight launches Brand Intelligence, an AI tool to detect and swiftly tackle phishing and brand threats targeting companies and executives.

UATP and Burbank partner to enhance airline online payments with secure card present tech, cutting fraud and costs in the USD $837 billion airline market.