Fraud prevention stories
Eligible RuPay cardholders in India can now bypass SMS one-time passwords, cutting checkout time as digital-payment fraud climbs sharply.
Banks face new exposure from AI agents linking to internal systems, as the platform aims to block data leaks and unauthorised actions.
As AI agents begin handling purchases and deliveries, retailers face tougher questions over identity, authorisation and trust.
Smaller lenders are accelerating technology overhauls to curb fraud and improve digital services, driving FIS to a record first-half tally of core wins.
More than half of consumers are vulnerable to some degree, raising fears that AI-led checkout could leave many unable to complete payments.
Personal details for more than 1 million students and families in Australia and New Zealand were exposed after attackers exploited a flaw in an internal tool.
Businesses onboarding customers abroad may benefit, as Shufti's document checks now cover more than 10,000 identity types in 240 countries.
European firms face tighter audit and AML demands as Shufti links verified identities to signing, transaction monitoring and crypto transfers.
Young learners will get free lessons on budgeting, credit and blockchain as the partnership targets financial skills in emerging economies.
Clients in regulated sectors may benefit from lower AI compliance risk after Probe Group completed independent certification across all its brands.
Australian retailers are set to benefit as Zendesk's new tools aim to settle orders, returns and refunds with fewer hand-offs.
Fraud checks are being upgraded before Canada's instant payments network goes live, as Peoples Group seeks to stop scams in real time.
The new tools could automate up to 80% of service workflows, letting retailers handle orders, returns and refunds without manual handoffs.
A shared trust framework could cut repeated checks for AI agents making purchases and ease adoption across card and wallet networks.
Many customers would switch providers for a better online service, as banks face pressure to make digital tools more personal and secure.
Banking groups are increasingly paying for rapid removal of phishing and impersonation scams as AI-driven attacks spread across multiple channels.
The report says ASEAN must turn national gains into a shared market as the region targets a USD2 trillion digital economy by 2030.
Canadian merchants can now take bank-based payments at checkout, cutting card fees and reconciliation work while speeding settlement.
Unresolved fraud is eroding confidence in Southeast Asia's digital economy, with scam victims often switching providers after losses.
Retailers and IT teams are using networked cameras for analytics and automation, but each new device also widens cyber risk.