Fraud prevention stories
CommBank deploys AI bots to disrupt scams, protect Australians
Today
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ai
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cybersecurity
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scams
CommBank has launched AI bots developed with Apate.ai to engage scammers in real-time, disrupting fraud and protecting Australians from scams.
UK consumers show low trust in real-time payments security
Yesterday
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fintech
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emea
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fico
UK consumers show low trust in real-time payments security, with only 35% viewing it as safer than credit cards amid rising scam losses of GBP £450 million.
Digital identity urged as cyber fraud rocks Australian real estate
Last week
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physical security
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data privacy
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cybersecurity
Cyber scams and payment fraud are surging in Australian real estate, prompting experts to push for digital identity solutions to boost security and cut risks.
Eftsure acquires Sis ID to create global payment protection giant
Last week
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saas
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fintech
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cybersecurity
Eftsure has acquired Sis ID to form the world’s largest business payment protection platform, covering 30+ countries and 3,500+ clients globally.
Sumsub & Data Zoo partner to boost global fraud prevention
Last week
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fintech
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financial systems
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risk & compliance
Sumsub and Data Zoo have partnered to deliver enhanced global fraud prevention and compliance solutions for financial institutions across 170+ jurisdictions.
Exclusive: How Cloudera’s AI platform targets faster life-saving decisions
Last week
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data privacy
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llms
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ai
Cloudera expands its hybrid data platform with AI tools to aid real-time crisis decisions, boosting disaster response and Australia's climate resilience.
Ecommpay wins two Retail Systems Awards for payment innovation
Last week
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fintech
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api
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payment technologies
Ecommpay won Payments Innovation and Fraud Prevention of the Year at the Retail Systems Awards 2025 for pioneering eCommerce payout and fraud detection solutions.
E-invoicing could bring AUD $22.5 billion boost to Australia
Last week
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digital transformation
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fintech
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australian economy
Full adoption of e-invoicing could boost Australia's economy by AUD $22.5 billion annually through productivity gains, faster payments, and fraud reduction.
World’s largest data breach exposes 16 billion credentials
Last month
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biometrics
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mfa
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phishing
A massive data breach exposing 16 billion credentials from major firms and government services signals severe global digital security flaws.
Sumsub unveils 'The Beast 2.0' to combat digital fraud in APAC
Last month
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digital transformation
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fintech
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digital entertainment
Sumsub launches 'The Beast 2.0' to fight a 121% surge in digital identity fraud across APAC, promoting secure digital access and inclusion in fintech and crypto sectors.
The delicate dance of user experience and security in the digital age
Last month
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data protection
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digital transformation
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biometrics
Businesses can harmonise user experience and cybersecurity through identity and access management, ensuring seamless yet secure digital interactions.
Chain IQ breach exposes UBS, Pictet & others to cyber risks
Last month
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supply chain
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breach prevention
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risk & compliance
A cyberattack on Chain IQ has exposed sensitive data of UBS, Pictet and Implenia employees, spotlighting risks in third-party cybersecurity across sectors.
AI deepfakes drive surge in cyberattacks, threatening trust online
Last month
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malware
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mdm
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phishing
AI-driven deepfakes fuel a rise in cyberattacks, tricking users with fake ads and video calls, risking billions in financial losses worldwide.
RCS messaging surges in UK as iOS support & AI drive growth
Last month
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cx
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martech
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ai
RCS messaging in the UK has surged 65% in 2024, boosted by Apple iOS support and AI, as brands enhance customer engagement with richer, interactive chat tools.
Agentic AI market set to soar as firms drive automation growth
Last month
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cx
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phishing
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martech
Agentic AI market set to grow from USD $7.28 billion in 2025 to over $41 billion by 2030, driving automation and transforming sectors from cybersecurity to customer service.
Major healthcare providers leave email systems open to phishing risk
Last month
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data protection
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phishing
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email security
Over a third of top global healthcare providers lack full email security, leaving systems vulnerable to phishing and risking patient safety and data breaches.
Puma & Adyen unify payments to enhance Asia Pacific retail
Last month
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fintech
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cx
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martech
Puma has partnered with Adyen to unify payment systems across Asia Pacific stores and events, boosting efficiency and delivering a seamless customer experience.
Sumsub adds advanced device intelligence to boost fraud defence
Last month
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fintech
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advanced persistent threat protection
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ueba
Sumsub enhances fraud defence by integrating Fingerprint's device intelligence, offering real-time threat detection without complicating genuine user access.
AI fraud detection & whistleblower system launched in Australasia
Last month
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data analytics
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risk & compliance
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ai
Report It Now and Accord Analytics have launched an AI-driven fraud detection and whistleblower system across Australasia to tackle rising fraud.
AI Agents - The struggle to balance automation, oversight, & security
Last month
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devops
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fintech
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martech
Visa's plan to use AI agents for automatic payments sparks debate over security risks and whether consumers will trust machines handling their money.