Scam News

You have clicked on Scam

Find here all the latest articles, news, and research on Scam and other Scam-related topics:

Find here all the latest articles, news, and research on Scam and other Scam-related topics:

read more
read less

Found 71 results in 1 second.

Commonwealth Bank to implement new scam detection systems

News | Digital Identity, Security & Online Fraud | 02 Feb 2023

Australia-based Commonwealth Bank has decided to implement new scam detection systems across its digital banking platforms.

fraud management, fraud prevention, scam, banks, cybersecurity

Industry Insights: Enterprise Fraud Prevention in 2023

Webinar | Digital Identity, Security & Online Fraud | 02 Feb 2023

 

The fraud landscape is shifting rapidly, with faster payments innovation and sophisticated scams gaining traction. For financial institutions, it’s critical to protect your customers, avoid reputation damage, and safeguard your firm from emerging threats.

 

webinar, fraud prevention, fraud detection, scam

LexisNexis Risk Solutions shows how AI can improve APP scam detection

News | Digital Identity, Security & Online Fraud | 22 Dec 2022

LexisNexis Risk Solutions has conducted a trial with two major banks in order to showcase a new AI-based APP scam detection system.

scam, fraud detection, fraud prevention, artificial intelligence

Wells Fargo fined USD 3.7 bln for illegal activities

News | Digital Identity, Security & Online Fraud | 22 Dec 2022

Federal regulators have fined Wells Fargo a record USD 1.7 billion for ‘widespread mismanagement’ over multiple years that harmed over 16 million consumer accounts.

regulation, banks, payments , scam, financial institutions

Lloyds Bank warns against online fraud

News | Digital Identity, Security & Online Fraud | 19 Dec 2022

UK-based Lloyds Bank has warned over a new scam that is increasing in popularity and takes place online.

fraud prevention, online shopping, ecommerce, scam

Fraud Prevention in Ecommerce Report 2022-2023

Report | Digital Identity, Security & Online Fraud | 16 Dec 2022

The Paypers Fraud Prevention in Ecommerce Report 2022-2023 sets the scene for the latest insights and developments in fraud prevention

fraud prevention, tokenization, Card-not-present fraud, merchants, account takeover, fraud management, fraud detection, online fraud, identity fraud, payment fraud, friendly fraud, chargebacks, credit card, CNP fraud, payments orchestration, cross-border payments, cross-border ecommerce, ecommerce, ecommerce platform, platform, online platform, regulation, PSD2, SCA, scam, 3-D Secure, compliance, PCI compliance, gambling, online payments, gift card fraud, refund fraud

The Paypers launches the Fraud Prevention in Ecommerce Report 2022-2023

News | Digital Identity, Security & Online Fraud | 16 Dec 2022

The Paypers has published the Fraud Prevention in Ecommerce Report 2022-2023, setting the scene for the latest insights and developments regarding fraud prevention technologies and related regulations. 

fraud detection, fraud management, online fraud, fraud prevention, identity theft, identity verification, synthetic identity, SCA, scam, PSD2, tokenization, ecommerce, ecommerce platform, cross-border ecommerce

Payment Systems Regulator details new reporting requirement for APP

News | Digital Identity, Security & Online Fraud | 12 Dec 2022

The UK’s Payment Systems Regulator (PSR) has revealed a new reporting requirement for authorised push payment (APP) scams.

fraud prevention, scam, compliance, data sharing

Tackling the challenges of scams and fraud in 2023's economic landscape

Voice of the Industry | Digital Identity, Security & Online Fraud | 05 Dec 2022

Fraudsters and scammers don’t take a festive break, says Callsign’s Sarah Whipp. That’s why it’s important to start new year’s resolutions in December.

scam, fraud detection, account takeover, COVID-19, financial institutions, two-factor authentication, transactions , biometrics, banks, payments

Account takeover data: trends, insights, and real-life scams

Webinar | Digital Identity, Security & Online Fraud | 15 Nov 2022

Join this webinar with Sift and The Paypers to learn how to recognise the new weaknesses that fraudsters exploit in ATO and how to adopt an end-to-end, real-time approach to outpace evolving abuse.

account takeover, fraud prevention, trust, scam

GASA study: USD 55.3 bln lost in scams worldwide

News | Digital Identity, Security & Online Fraud | 14 Oct 2022

The Global Anti-Scam Alliance (GASA) has launched its latest Global State of Scams 2022 Report, in collaboration with ScamAdviser, stating that scams increased by 10.2% in the past year, reaching 293 million reports.

scam, fraud management, fraud detection, online fraud, fraud prevention, payment fraud, Fraud decisioning, study, research

Payment Scams: How Reimbursement and Controls Drive Bank Action

Webinar | Payments General | 11 Oct 2022

Scams such as Authorised Push Payment (APP) or impersonation scams, are now a global issue and no longer confined to the English-speaking countries. Whilst banks are using a variety of mechanisms to detect these (predominantly based on behaviour) and drive down losses, it might not be enough to just consider what happens at the fraud transaction in the future. 

payments , scam, fraud detection, banks

Fighting back against scams and social engineering

Voice of the Industry | Digital Identity, Security & Online Fraud | 15 Sep 2022

How can financial institutions effectively spot and stop fraud when it occurs as a result of scams and social engineering? Maya Ogranovitch Scott from Ping Identity has the answer.

scam, social engineering, fraud management, fraud detection

The costly impact of sophisticated scams

Voice of the Industry | Digital Identity, Security & Online Fraud | 12 Sep 2022

Scams are unfortunately only getting more sophisticated. And following a survey recently conducted by Forrester Consulting on behalf of Callsign, Bhavesh Vaghela says that we need to be very concerned.

scam, online authentication, behavioural biometrics, trust, banks

Nigerians battling digital payments scams, report shows

News | Digital Identity, Security & Online Fraud | 29 Jul 2022

Nigerians embracing digital payments platforms are facing scams and getting hugely exposed to fraudsters, report shows.

fraud management, fraud detection, digital payments, scam

Payment redirection scams mounted to USD 227 million in 2021: ACCC report

News | Digital Identity, Security & Online Fraud | 08 Jul 2022

The Australian Competition and Consumer Commission’s has published its 'Targeting Scams' report, stating a 77% increase in payment redirection scams compared to 2020.

scam, report, fraud prevention, cybercrime, ransomware

Australians lose AUD 2 bln to fraud in 2021

News | Digital Identity, Security & Online Fraud | 08 Jul 2022

The Australian Competition and Consumer Commission (ACCC) has released its annual Targeting Scams report, highlighting that Australian consumers and businesses lost over AUD 2 billion to scams and fraud.

scam, fraud management, fraud detection, online fraud, identity fraud, COVID-19, payment fraud, report

Signifyd survey: UK shoppers frustrated with SCA

News | Digital Identity, Security & Online Fraud | 06 Jul 2022

Ecommerce and fraud prevention fintech Signifyd has released its latest survey conducted in the UK on 14 March 2022.

SCA, identity fraud, fraud prevention, online authentication, multi-factor authentication, biometrics, biometric authentication, survey, scam, online shopping, retail

New fraud data from Sift: Content abuse rises 28 per cent as scammers exploit global unrest

Voice of the Industry | Digital Identity, Security & Online Fraud | 06 Jul 2022

Jane Lee, Trust and Safety Architect at Sift, breaks down 2022 global content fraud data, trends, and evolving abuse tactics.

fraud management, fraud detection, online fraud, fraud prevention, identity fraud, scam, identity theft, cryptocurrency, crypto, local payment method

CBA uses AI tech to protect customers from scams

News | Digital Identity, Security & Online Fraud | 06 Jul 2022

Australia-based Commonwealth Bank (CBA) has introduced new AI-based technology to detect suspicious and unusual behaviour on its digital banking platforms.

scam, artificial intelligence, fraud management, fraud detection, online fraud, financial crime