Fraud RSS

Fraud, Fraud & Security, fraudsters, Fraudulese -

With more than a third of online shoppers (35 percent) having been a target of fraud over the past year and more than 100,000 consumers in the UK alone falling... read more

The post Fraud Report: How fraudsters dupe shoppers using words appeared first on Payments Cards & Mobile.

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Cyber Security, e-commerce fraud, Fraud, Fraud & Security, fraud epidemic -

Recent weeks have seen a slew of bad news about the ongoing scandal of rising payments fraud – especially in the online environment. According to LexisNexis Risk Solutions and Oxford... read more

The post The fraud epidemic isn’t going away – let’s act appeared first on Payments Cards & Mobile.

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Big Tech, Cyber Crime, Cyber Security, Fraud, Fraud & Security, scam -

Sky News has obtained a letter to the UK prime minister that technology companies must contribute to the cost of an online fraud “pandemic” that is undermining international investor confidence... read more

The post UK Banks ramp up pressure on Big Tech in fight on fraud appeared first on Payments Cards & Mobile.

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Artificial Intelligence (AI), Business Email Compromise (BEC) schemes, ChatGPT, Crime-as-a-Service, Cyber Crime, Cyber Security, Deepfake phishing, Fraud, Fraud & Security, Generative AI, Pig butchering scams, Romance scams -

Generative AI and, more specifically AI based chatbots such as ChatGPT, have continued to dominate headlines and amaze consumers this year. With their rise in popularity and usage, there are... read more

The post Will Generative AI be the the democratisation of fraud appeared first on Payments Cards & Mobile.

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Artificial Intelligence (AI), Cyber Crime, Cyber Security, Daily news, deepfake, deepfakes, Forced verification, Fraud, Fraud & Security, Fraud statistics, Identity, Risk & Compliance, Strong Customer Authentication, US fraud statistics -

New Q1 2023 fraud statistics for North America and how they compare to 2022 have been released. The information is based on data collected from the US and Canada during... read more

The post US fraud statistics: FAI/Deepfake multiply at alarming rates appeared first on Payments Cards & Mobile.

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