Fraud stories
Real-time business checks can now flag fraud, sanctions risks and beneficial owners before financial institutions onboard risky clients.
The new framework aims to curb fraud and unauthorised purchases as AI agents start making payments on behalf of shoppers.
Fragmented controls are leaving banks and fintechs exposed as AI adoption outpaces oversight, according to new research from Zango.
Retailers and manufacturers could get near real-time planning help as SAS opens a private preview of a supply chain agent.
Consolidating payments across Australia and New Zealand has cut 1Cover's costs by about AUD $35,000 in nine months, with more savings likely.
Retailers can now sell inside ChatGPT without rebuilding payment systems, as Gr4vy adds orchestration and merchant controls for AI-led checkout.
Merchants face higher losses and uneven compliance burdens as a new report says fraud controls are failing to keep pace with social engineering.
Brands facing volatile participation can now cap promotion risk as Opia extends cover to protect budgets when redemptions run above forecast.
Banks are being urged to watch for fraud and exploitation patterns as the 2026 World Cup is expected to fuel risky cross-border payments.
Banks could cut anti-money laundering case reviews from hours to minutes, as the new system keeps data and audit trails inside FIS's controlled environment.
Canadian banks will test how AI agents can initiate card payments as Visa prepares issuers for new controls over consent, fraud and liability.
Digital IDs could speed up account opening and cut fraud, but the industry body says ministers must first nail safeguards and liability.
Retailers could trim refunds, service queries and fraud losses as the new suite uses data from 200 million shoppers to automate post-purchase changes.
Public profile details are helping criminals guess passwords and impersonate contacts, with 55% of Australians reusing the same password.
Fraud fears and rising smishing are pushing UK firms towards verified RCS and AI-led omnichannel chats, a new study finds.
Unusual claims are testing insurers as a motorway cow, cannabis farm and disputed robot mower all led to real payouts and refusals.
Stronger safeguards and faster rollout could help Japan turn advanced connectivity into wider economic gains as scams and exclusion persist.
The United States and X dominate deepfake spread, with a new report linking 46.9% of cases to the US and most incidents to social media.
Tens of thousands of dollars in disputed payments have left a Sydney skincare business exposed as household budgets tighten and chargeback fraud rises.
Criminals could move proceeds abroad undetected unless foreign-owned lenders lift weak reporting and controls, AUSTRAC has warned.
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