ASIC shuts down 12,000 scam sites as AI fuels fraud
Australia's financial regulator, the Australian Securities and Investments Commission (ASIC), has shut down nearly 12,000 scam websites in 2025, warning that artificial intelligence (AI)...
Covéa partners with Shift Technology to transform fraud detection
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
Why Australia’s FinCrime reforms are forcing a strategic reset
Australia’s financial institutions are entering a critical period as major anti-money laundering and counter-terrorism financing reforms approach implementation. The regulatory framework is shifting rapidly,...
Seven in 10 say fraud attempts are becoming more convincing
Seven in 10 (72%) people say fraud and scam attempts are becoming more convincing, as criminals increasingly use artificial intelligence to enhance their tactics,...
Banks paying cost of scams originating on social media
The Payments Association has warned that digital platforms such as Meta’s Facebook are a major gateway for authorised push payment (APP) fraud and has...
Why synthetic identity fraud is harder to detect in 2026
Fraud is evolving. Unlike traditional identity theft — where criminals hijack a real person's credentials — synthetic identity fraud takes a more insidious approach,...
Njordium adds real-time fraud detection to VMS platform
Njordium Cyber Group AB has launched a new AI Fraud Detection Module integrated into its recently released Vendor Management System.
The launch comes against a...
Hawk launches AML investigative agent to cut costs
Hawk, a provider of AI-powered anti-money laundering (AML), screening and fraud prevention solutions, has launched its AML Investigative Agent, designed to help financial institutions...
How deepfakes are reshaping AML compliance
An estimated $2 trillion is laundered through the global financial system every year — a figure that represents far more than financial loss.
According to...
Feedzai unveils RiskFM to fight financial crime with AI
Feedzai, a global leader in AI-native financial crime prevention, has unveiled RiskFM, describing it as the industry's first Tabular Foundation Model purpose-built for financial...
