Showing 1 to 12 of 18 results
RBA Critiques Banks' Response to Interchange Fee Cuts
Reserve Bank of Australia (RBA) governor Michele Bullock criticized Australian banks and credit card providers for threatening to reduce fraud prevention measures in response to the RBA's plan to cut interchange fees, a move projected to save consumers $1.2 billion annually.
RBA Critiques Banks' Response to Interchange Fee Cuts
Reserve Bank of Australia (RBA) governor Michele Bullock criticized Australian banks and credit card providers for threatening to reduce fraud prevention measures in response to the RBA's plan to cut interchange fees, a move projected to save consumers $1.2 billion annually.
Progress
44% Bias Score
UK Tightens Corporate Liability for Employee Fraud: Implications for German Businesses
The UK's Economic Crime and Corporate Transparency Act (ECCTA), effective September 1st, 2023, significantly increases corporate liability for employee fraud, impacting even firms unaware of employee misconduct, and potentially affecting German companies with UK subsidiaries or partners.
UK Tightens Corporate Liability for Employee Fraud: Implications for German Businesses
The UK's Economic Crime and Corporate Transparency Act (ECCTA), effective September 1st, 2023, significantly increases corporate liability for employee fraud, impacting even firms unaware of employee misconduct, and potentially affecting German companies with UK subsidiaries or partners.
Progress
20% Bias Score
Surge in Online Travel Scams: Consumers Urged to Take Precautions
Online travel scams, including fake flight and accommodation offers, are rapidly increasing, causing significant financial losses for consumers. This surge is driven by the growth of online bookings, prompting tech companies and legal firms to implement protective measures.
Surge in Online Travel Scams: Consumers Urged to Take Precautions
Online travel scams, including fake flight and accommodation offers, are rapidly increasing, causing significant financial losses for consumers. This surge is driven by the growth of online bookings, prompting tech companies and legal firms to implement protective measures.
Progress
12% Bias Score
UK Fraud Losses Remain High Despite Slight Decrease in 2024
In 2024, UK fraud losses totaled £1.17 billion, slightly down from 2023, with unauthorized fraud increasing by 2% to £722 million due to a surge in remote purchase fraud, while authorized push payment (APP) fraud fell, and banks reimbursed £267.1 million under new regulations.
UK Fraud Losses Remain High Despite Slight Decrease in 2024
In 2024, UK fraud losses totaled £1.17 billion, slightly down from 2023, with unauthorized fraud increasing by 2% to £722 million due to a surge in remote purchase fraud, while authorized push payment (APP) fraud fell, and banks reimbursed £267.1 million under new regulations.
Progress
44% Bias Score
Identity Verification: A Cornerstone of the Gig Economy
Identity verification technologies are essential for the gig economy, mitigating fraud, enhancing trust, and improving user experience by verifying users' identities, ensuring accountability, and streamlining transactions.
Identity Verification: A Cornerstone of the Gig Economy
Identity verification technologies are essential for the gig economy, mitigating fraud, enhancing trust, and improving user experience by verifying users' identities, ensuring accountability, and streamlining transactions.
Progress
4% Bias Score
Russia Enacts Strict Anti-Fraud Law to Combat Sophisticated Financial Scams
The Russian State Duma passed a law to combat financial fraud, introducing bank transaction limits (over 50,000 rubles), a mandatory "second key" authorization for online transfers, and blocking of suspicious ATM withdrawals, aimed at protecting citizens, especially the elderly, from sophisticated s...
Russia Enacts Strict Anti-Fraud Law to Combat Sophisticated Financial Scams
The Russian State Duma passed a law to combat financial fraud, introducing bank transaction limits (over 50,000 rubles), a mandatory "second key" authorization for online transfers, and blocking of suspicious ATM withdrawals, aimed at protecting citizens, especially the elderly, from sophisticated s...
Progress
52% Bias Score
Growth Hacker CISOs: Security as a Revenue Driver
The role of Chief Information Security Officers (CISOs) is evolving from solely threat prevention to driving product growth and revenue by prioritizing user experience and building trust.
Growth Hacker CISOs: Security as a Revenue Driver
The role of Chief Information Security Officers (CISOs) is evolving from solely threat prevention to driving product growth and revenue by prioritizing user experience and building trust.
Progress
44% Bias Score
AI-Powered Scams Surge, Causing \$16 Billion in Losses
In 2024, reported internet crime losses in the US exceeded \$16 billion, a 33% increase from the previous year; seniors experienced losses of \$4.9 billion, highlighting the escalating threat of AI-powered scams that exploit human psychology and technological advancements.
AI-Powered Scams Surge, Causing \$16 Billion in Losses
In 2024, reported internet crime losses in the US exceeded \$16 billion, a 33% increase from the previous year; seniors experienced losses of \$4.9 billion, highlighting the escalating threat of AI-powered scams that exploit human psychology and technological advancements.
Progress
40% Bias Score
Beeline and Alfa-Bank Integrate Support to Combat Fraud
Beeline and Alfa-Bank launched a joint customer support service to immediately address fraud attempts, transferring calls between operators to minimize financial losses and response times. The service is available 24/7 for all customers.
Beeline and Alfa-Bank Integrate Support to Combat Fraud
Beeline and Alfa-Bank launched a joint customer support service to immediately address fraud attempts, transferring calls between operators to minimize financial losses and response times. The service is available 24/7 for all customers.
Progress
12% Bias Score
\$18 Million Funding for AI-Native Financial Institution to Address Agentic Commerce Needs
Catena Labs received \$18 million in funding to create the first fully regulated AI-native financial institution, addressing the lack of agent identity management in legacy systems hindering the growth of agentic commerce.
\$18 Million Funding for AI-Native Financial Institution to Address Agentic Commerce Needs
Catena Labs received \$18 million in funding to create the first fully regulated AI-native financial institution, addressing the lack of agent identity management in legacy systems hindering the growth of agentic commerce.
Progress
48% Bias Score
Return Fraud Costs Merchants $900 Billion Annually
Return fraud, costing merchants nearly $900 billion annually, involves consumers fraudulently returning merchandise or falsely reporting non-delivery; AI-driven solutions and programs like Mastercard's First-Party Trust are mitigating this growing problem.
Return Fraud Costs Merchants $900 Billion Annually
Return fraud, costing merchants nearly $900 billion annually, involves consumers fraudulently returning merchandise or falsely reporting non-delivery; AI-driven solutions and programs like Mastercard's First-Party Trust are mitigating this growing problem.
Progress
48% Bias Score
O2's AI Flags 150 Million Scam Calls, Reducing Answered Calls by 42%
O2's AI call defense system, launched in November, has flagged over 150 million scam and spam calls, reducing answered flagged calls by 42% and their duration by 89%; the system also includes Brand ID, identifying business callers, processing 9.5 million calls from 200 businesses.
O2's AI Flags 150 Million Scam Calls, Reducing Answered Calls by 42%
O2's AI call defense system, launched in November, has flagged over 150 million scam and spam calls, reducing answered flagged calls by 42% and their duration by 89%; the system also includes Brand ID, identifying business callers, processing 9.5 million calls from 200 businesses.
Progress
36% Bias Score
Showing 1 to 12 of 18 results