Tag: Fraud
SEON launches free fraud prevention toll for businesses
Online fraud prevention company SEON has launched a ‘forever free’ version of its fraud prevention platform to better help online businesses be protected.
This free...
Fraud complaints drop after pandemic, but are slowly rising
Complaints to the Financial Ombudsman Service (FOS) soared during the Covid-19 pandemic, reaching levels 44% higher in 2020 compared to 2019.
How technology is helping the UK government combat fraud
Combating fraud continues to be a major challenge in the UK. Last year, over £1.3bn was stolen by fraudsters in the UK in 2021, according to Feedzai. However, technology is still making a change.
Travel and expense management fraud to rise, as will fraud
Total revenue generated by travel and expense (T&E) management is expected to reach $16bn by 2027, rising from $8.7bn in 2022.
Cybersecurity platform CyberloQ partners with Pannovate
Cybersecurity platform CyberloQ Technologies has formed a strategic collaboration for its proprietary MFA technology with Pannovate’s Banking Orchestration Platform.
Fraud fears are up with nearly 60% of consumers
Over half 59% of consumers are more concerned about becoming a victim of fraud now compared to how they felt in 2021, according to a report from Paysafe.
HAWK:AI teams with Aux to help credit unions fight fraud
Anti-fraud RegTech platform HAWK:AI has teamed up with Aux to boost the fight against fraud within credit unions.
Ireland ranks highest in fraud risk in Europe
Ireland has the highest fraud risk index in Europe with a rating of 7.44, according to research from payment processing information service Merchant Machine.
ID-Pal teams with Lerex for fraud protection
Identity verification provider ID-Pal will help payment solution provider Lerex Technology with its identity verification, e-verification and anti-money laundering and KYC requirements.
12% of UK consumers have fallen victim to payments fraud over...
More than one in ten people in the UK (12.1%) have been the victim of payments fraud in the last four years, according to new research from global payments company ACI Worldwide.
