Digital safety company FALKIN has raised USD 2 million in a new funding round aimed at protecting bank customers from AI-powered scams.

The Global Anti-Scam Alliance (GASA) has published the ‘State of Scams in the UK’ report, showing that one in five consumers is targeted by scammers, losing GBP 9.4 billion in total.

Starling Bank has announced that it has introduced a new AI tool aimed at supporting customers in identifying if they will be scammed.

The Merchant Risk Council announced that it has joined the Global Anti-Scam Alliance (GASA) as an Associated Organisation.

A new Mastercard has found that European consumers are increasingly worried about cybersecurity threats and the growing sophistication of online scams.

Brazil’s Central Bank has rolled out a new tool within Pix that allows users to dispute transactions suspected of involving fraud, scams, or coercion.

Singapore police have requested Meta to enforce anti-scam actions against advertisements, accounts, profiles, and business pages posing as government office holders on its social media network, Facebook.  

Singapore-based MariBank has announced the launch of new in-app safeguards to protect customers’ cards against phishing scams involving digital wallets.

FinCEN has issued a notice urging financial institutions to be vigilant in identifying and reporting suspicious activity involving CVC kiosks.