Tag: Fraud
UK fraud victims could be left without clear refund options as...
British banks have disagreed on how fraud victims should be compensated, leading to people having fallen prey to bad actors potentially being left with reduced reimbursement options in January.
UK MPs call for sanctions and payment delays to combat fraud
UK MPs call for sanctions on banks failing to meet deadline for new account check rule and to implement 24-hour delay on payments to help combat fraud.
FRISS building new fraud and risk management solution through Guidewire
Fraud and risk solution provider FRISS has revealed it is the developing a new add-on for fraud and risk management related to claims support.
American Express informs customers of internal data breach
American Express has informed a number of its customers their personal information has been breached after a fraudulent attack.
New Advanced Fraud Solutions and Automated Systems partnership to improve check...
Advanced Fraud Solutions (AFS) has formed a strategic partnership with Automated Systems to build support check fraud protections.
Shape Security closes funding round which sees it join the unicorn...
Bot and online fraud mitigation platform Shape Security has raised $51m in a new growth funding round, which brings its valuation to $1bn.
Increasing number of millennials falling victim to fraud scams
Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.
Paychex launches cyber liability product
Paychex has launched cyber liability protection which will help companies with costs from data breaches, hackers, ransomware and banking fraud.
Australia’s police charge 5 people for crypto fraud and money laundering
Australia’s financial and cyber crime group has charged five people in conjunction with fraud and money laundering of cryptocurrency.
Equifax to pay up to $700m to settle data breach
Equifax, a credit scoring company, will pay up to $700m to the US regulator as a result of a data breach in 2017.