Topic: fraud prevention

  • UK Carriers to Block Fake Caller IDs in Fraud Fight

    UK Carriers to Block Fake Caller IDs in Fraud Fight

    UK mobile operators and the government are collaborating to block fraudulent caller ID spoofing within a year, enhancing systems to identify international calls and prevent scams. The initiative includes network upgrades with call tracing and improved data sharing between telecoms and law enforce...

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  • Speed Up Real-Time Payments Without Compromising Security

    Speed Up Real-Time Payments Without Compromising Security

    Securing real-time payments requires balancing robust fraud prevention with a seamless customer experience, using advanced analytics and adaptive authentication to detect threats without slowing transactions. The speed of real-time payments increases fraud risk, making pre-authorization preventio...

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  • Mastercard Launches AI-Powered Fraud Defense Tool

    Mastercard Launches AI-Powered Fraud Defense Tool

    Mastercard has launched Threat Intelligence, an AI-powered platform that combines payment fraud data with cyber threat intelligence to provide real-time insights for preventing fraud before transactions are completed. The platform addresses the overlap between cybercrime and payment fraud by enab...

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  • Australians Lose $1,700 Each to AI-Powered Fraud in 2025

    Australians Lose $1,700 Each to AI-Powered Fraud in 2025

    Australians experienced a near doubling of average fraud losses to about $1,700 per person in 2025, with baby boomers seeing a 332% increase in financial harm. Fraud is escalating due to criminals using AI to create convincing, large-scale scams that mimic legitimate communications, pressuring re...

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  • ID-Pal's ID-Detect Now Fights Deepfakes and Synthetic IDs

    ID-Pal's ID-Detect Now Fights Deepfakes and Synthetic IDs

    ID-Pal has upgraded its ID-Detect system to include advanced protection against AI-generated deepfakes and synthetic identity documents, addressing escalating fraud risks faced by financial institutions. The enhanced system defends against four types of presentation attacks, such as screen replay...

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  • Google Cracks Down on Fraudulent Phone Numbers in Ads

    Google Cracks Down on Fraudulent Phone Numbers in Ads

    Google is updating its policy to ban phone numbers linked to fraud or prior violations, effective December 10, 2025, to improve user safety and reduce misleading ads. Enforcement will phase in over eight weeks, targeting deceptive practices in industries like tech support scams and lead generatio...

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  • LexisNexis Opens APAC Data Hub in Malaysia to Boost Fraud Defense

    LexisNexis Opens APAC Data Hub in Malaysia to Boost Fraud Defense

    LexisNexis Risk Solutions has launched a new APAC data hub in Malaysia to enhance digital identity protection and fraud prevention across the Asia-Pacific region, supporting secure business operations. The facility will process data for key APAC markets, improving system performance and transacti...

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  • Bitdefender Fights AI Scams Targeting Families Worldwide

    Bitdefender Fights AI Scams Targeting Families Worldwide

    AI-powered scams using deepfake video and voice cloning technology are becoming highly sophisticated, posing significant financial and emotional risks by impersonating trusted individuals to manipulate victims. Bitdefender's "They Wear Our Faces" campaign aims to combat this threat by educating t...

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  • Data Zoo and Ping Identity Unite to Secure Global Verification

    Data Zoo and Ping Identity Unite to Secure Global Verification

    Data Zoo and Ping Identity have partnered to integrate Data Zoo's global data into the PingOne Verify platform, enabling faster and more secure international identity verification without compromising user experience. This collaboration enhances digital trust by providing Ping Identity customers ...

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  • CRA's New Caller ID Plan Fights Fraud, Protects You

    CRA's New Caller ID Plan Fights Fraud, Protects You

    The Communications Regulatory Authority (CRA) is introducing Caller Name Presentation (CNAP) in partnership with Ooredoo Qatar and Vodafone Qatar to help consumers identify legitimate callers and reduce fraud by displaying registered names on incoming calls. Initially, CNAP will apply to calls fr...

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  • Boards Must Lead on Cybersecurity: A New Strategic Imperative

    Boards Must Lead on Cybersecurity: A New Strategic Imperative

    Cybersecurity has become a core business priority, requiring board-level leadership in ransomware evolution, cyber-enabled fraud, and security-innovation integration. Ransomware tactics have evolved to target identity systems and help desks, necessitating stronger protections like phishing-resist...

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  • Google teams up to fight RCS spam in India

    Google teams up to fight RCS spam in India

    Google and Bharti Airtel are partnering to integrate the telecom operator's spam filtering directly into the RCS messaging system in India, aiming to enhance security by combining network-level intelligence with Google's platform. The integrated system will perform real-time sender verification, ...

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  • AT&T's AI Receptionist Answers Calls & Blocks Spam Automatically

    AT&T's AI Receptionist Answers Calls & Blocks Spam Automatically

    AT&T is launching an AI-powered digital receptionist to automatically screen and manage incoming calls, distinguishing legitimate calls from spam or scams. The system uses voice-to-voice interaction and provides users with live transcripts and summaries, allowing them to intervene or decide on ca...

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  • TransUnion Aims to Restore Trust in Mobile Communications

    TransUnion Aims to Restore Trust in Mobile Communications

    TransUnion is acquiring RealNetworks' mobile division to expand its Trusted Call Solutions, aiming to combat mobile fraud by verifying legitimate calls and texts, especially within the EU, as consumers increasingly ignore unknown numbers. The integration will apply caller verification principles ...

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  • AI & Trust: The Future of Customer Engagement

    AI & Trust: The Future of Customer Engagement

    AI is transforming customer engagement by enabling context-aware interactions that anticipate needs, moving beyond simple messaging to build deeper relationships through intelligent, memory-driven systems. Effective AI implementation relies on trustworthy, integrated customer data to deliver pers...

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  • What Do Customers Really Want From Data Security?

    What Do Customers Really Want From Data Security?

    Individuals increasingly view themselves as the primary stewards of their own data privacy, expecting tools that empower their choices through transparency and informed consent. While people voice strong privacy concerns, price sensitivity often influences final decisions, creating a tension betw...

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  • Cut IT Costs with Self-Service Password Resets

    Cut IT Costs with Self-Service Password Resets

    Self-service password reset (SSPR) solutions reduce IT support costs and improve security by allowing employees to independently handle login issues, freeing up help desk resources and minimizing productivity losses. Implementing SSPR addresses the financial burden of password resets, which can c...

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  • Cloudflare Partners with Top Payment Firms to Secure Agentic Commerce

    Cloudflare Partners with Top Payment Firms to Secure Agentic Commerce

    Cloudflare has partnered with Visa, Mastercard, and American Express to create a secure authentication framework using the Web Bot Auth protocol, enabling AI shopping agents to transact safely with online merchants worldwide. The Trusted Agent Protocol allows merchants to verify the identity and ...

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  • Google's New Policy on Fake Ads Explained

    Google's New Policy on Fake Ads Explained

    Google has updated its advertising policies to explicitly prohibit submitting false information during verification, treating it as an attempt to bypass compliance systems. Advertisers face immediate account suspension for providing inaccurate details, reflecting Google's zero-tolerance stance on...

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  • Recover Your Google Account with a Friend's Help

    Recover Your Google Account with a Friend's Help

    Google has introduced new account recovery options, including using a linked mobile number or designated trusted contacts to verify identity when locked out. The Recovery Contacts feature allows preselected individuals to help regain account access, while Sign in with Mobile Number simplifies rec...

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  • 5.6 Million Exposed in 700Credit Data Breach

    5.6 Million Exposed in 700Credit Data Breach

    A major data breach at 700Credit, a credit verification service for auto dealerships, exposed sensitive personal data including Social Security numbers for at least 5.6 million individuals. The breach occurred over a five-month period in 2025, and the company is notifying affected people by mail ...

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  • HyperPay, Mastercard, Mozn Team Up to Boost MENA Digital Payments

    HyperPay, Mastercard, Mozn Team Up to Boost MENA Digital Payments

    HyperPay has partnered with Mastercard and Mozn to enhance digital payment infrastructure and security in Middle Eastern markets like Saudi Arabia, the UAE, and Qatar. The Mastercard collaboration focuses on issuing secure business cards for SMEs, leveraging HyperPay's recent EMI license from SAM...

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  • Verizon Can Now Unlock Phones Faster, FCC Approves

    Verizon Can Now Unlock Phones Faster, FCC Approves

    Verizon has received FCC approval to extend its phone unlocking period, moving from a mandated 60-day rule to a more flexible policy aligned with the CTIA industry code. Under the new policy, postpaid phones are typically unlocked only after a contract ends or the device is paid off, while prepai...

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  • AI's Dark Side: How It's Fueling a Surge in Online Crime

    AI's Dark Side: How It's Fueling a Surge in Online Crime

    AI is amplifying cybercrime by making attacks more sophisticated, scalable, and accessible, lowering the technical barrier for less skilled criminals and shifting the threat from theoretical to operational. While fears of fully autonomous AI hackers are often exaggerated, real-world use is alread...

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  • Egypt's Mobile Wallet Transactions Soar 80% to Record EGP 943 Billion in Q2 2025

    Egypt's Mobile Wallet Transactions Soar 80% to Record EGP 943 Billion in Q2 2025

    Egypt's mobile wallet sector saw significant growth, with transaction volume rising 80% year-on-year to 718 million and value increasing 72% to EGP 943 billion in Q2 2025. Vodafone Cash led the market with 55% of all wallets and dominated transaction volume and value, while peer-to-peer transfers...

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  • Axiad Confirm Ensures Secure Certificate Issuance

    Axiad Confirm Ensures Secure Certificate Issuance

    Axiad Confirm automates identity verification to enhance security during credential issuance, integrating with Axiad Conductor to validate identities before issuing smart cards or FIDO passkeys. The platform reduces insider threats and simplifies compliance by rigorously verifying identities thro...

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  • Google's New AI Model Detects Spam 40x More Effectively

    Google's New AI Model Detects Spam 40x More Effectively

    Google introduced the Graph Foundation Model (GFM), an AI breakthrough that detects spam with up to 40x higher accuracy than existing methods by analyzing interconnected data patterns. GFM overcomes limitations of traditional graph neural networks (GNNs) by adapting to new datasets without retrai...

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