Tag: Payment fraud

Authorised push payment (APP) fraud does not stop at national borders. When a criminal manipulates a victim into approving a payment transfer, the attack...

Payment fraud is no longer simply a technological problem — it is a human one too. Tieto Banktech has identified five trends that are...

Orca Fraud, a fraud intelligence FinTech platform, has raised new funding of $2.35m aimed at strengthening real-time fraud detection capabilities across emerging markets. Orca Fraud...

The rapid expansion of instant payments across Europe has fundamentally altered the fraud landscape, with APP scams emerging as one of the most damaging...

The European Payments Council (EPC) has launched a request for information as it looks to identify potential service providers to build, run and support...

Fraud losses continue to rise at an alarming pace. In 2024, consumers and businesses reported losing more than $12.5bn to fraud, marking a 25%...

European regulators have warned that while strong customer authentication has proved effective in reducing payment fraud, criminals are rapidly adapting their methods, driving overall...

The online fraud economy is evolving rapidly, and at the centre of it lies the growing threat of account farms. These operations have moved...

Financial institutions are facing unprecedented pressure as payment fraud grows more complex and relentless. Attack volumes are increasing, schemes are more sophisticated, and the time...

SymphonyAI is placing artificial intelligence at the forefront of fraud prevention with its NetReveal Payment Fraud solution, a tool designed to help financial institutions...