A nonprofit has launched the first open source platform aimed at delivering sophisticated anti-fraud capabilities to financial systems in Africa as well as parts of Asia and the Middle East. The ...

Town Manager Ed Morris said he was informed on Nov. 4 that more than $742,000 was taken in a fraudulent transaction from the bank account tied to the town's Public Safety Building Project. Town ...

Visa is using artificial intelligence and machine learning such as risk scoring to counter fraud, the firm said. "We look at over 500 different attributes around [each] transaction, we score that and ...

Fraud in online transactions is rising in the Asia-Pacific region, posing challenges for merchants through increased identity fraud, chargebacks and revenue losses. However, AI tools and proactive ...

Revolut has been under fire as fraud complaints piled up in 2024, but the company has insisted it saved hundreds of millions in “potential fraudulent transfers.” Cryptocurrency-friendly neobank ...

Abrigo Inc., a provider of credit risk, compliance, and lending solutions for financial institutions, announced early Wednesday the launch of Abrigo Fraud Detection for ACH. The solution detects fraud ...

Apple recently claimed that it stopped over $7 billion of potential fraudulent transactions between 2020 and 2023. The figures emerged from the company’s fourth annual fraud prevention analysis that ...

Fraud detection is a high-stakes game of cat and mouse, with retail businesses continually adapting to outsmart increasingly sophisticated fraudsters. As ecommerce losses from online payment fraud ...

A bank customer named Anjali has raised concerns about the lack of security measures after significant sums of money were withdrawn from her account without triggering any fraud alerts. The customer ...

Dubai's DLD fined 256 brokers in H1 2024 alone. Learn how to verify title deeds, check broker licenses, and use escrow accounts to avoid property fraud in 2026.