Tag: AI 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)...

The data surrounding identity fraud in 2026 should concern every business leader. Global losses from identity fraud exceeded $50bn in 2025, and early indicators...

Verisoul, a US-based fraud prevention and user integrity platform, has raised fresh capital as it looks to accelerate growth amid a sharp rise in...

Financial institutions across Europe are seeing fraud and money laundering become increasingly interconnected issues, driven by digital payment transformation, new criminal typologies and a...

ID-Pal has strengthened its multi-award-winning document-fraud detection feature, ID-Detect, introducing more advanced capabilities designed to guard against increasingly sophisticated digital manipulation. The company, which serves...

ID.me, a digital identity platform trusted by more than 152m users, has raised $340m through its Series E round and a recently secured credit facility, pushing its valuation beyond $2bn.

Criminals are increasingly exploiting artificial intelligence to bypass identity verification systems and commit fraud on a scale not seen before, according to the latest...

In 2025, a quiet yet deeply concerning trend is emerging in the world of cybercrime—job scams. Often overshadowed by investment or imposter fraud, these...

One in every fifty children is now a victim of identity theft each year, according to new findings released by LSEG Risk Intelligence.

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to assist financial institutions in identifying and addressing fraud schemes involving deepfake media created with generative AI (GenAI) tools.