Tag: Fraud prevention

Money lost to romance scams has risen sharply over the past year, with the value of payments sent to fraudsters increasing by 37%, according...

The idea that people only fall for a scam once no longer holds true. Modern fraud has evolved into a sophisticated lifecycle where criminals...

APP scams, where victims are manipulated into sending money themselves, have become the most damaging form of payment fraud across Europe. According to Flagright,...

Artificial intelligence has moved rapidly from an experimental capability to a foundational pillar of RegTech, forcing financial institutions to reassess how compliance teams are...

Fingerprint, a provider of device intelligence and fraud prevention technology, has announced the launch of Authorized AI Agent Detection, a new capability designed to...

Not long ago, financial crime risk assessments were often approached as a box-ticking exercise. Many firms treated them as annual paperwork designed to satisfy...

The idea that a Valentine’s Day gift could play a role in financial crime still feels counter-intuitive to many consumers. Yet prepaid vouchers and...

Morning commuters at London’s Waterloo station were met with an unusual sight this week as a mysterious ATM promised to “give away a fortune”,...

Remote onboarding has become one of the biggest friction points in financial services, even as regulators continue to tighten expectations around AML compliance. Many...

Memcyco, a real-time digital risk protection platform, focused on stopping brand impersonation scams and ATO fraud, has announced fresh funding of $37m. The firm said...