Tag: fraud
Reducing CX Friction and Enhancing Fraud Protection With Behavioural Biometrics and Analysis
Customers expect digital experiences that are fast and frictionless. For fraud prevention professionals, providing a high level…
ID Fraud Increases by 44% in North America as Inflationary Pressures Continue, Finds AU10TIX
Organised ID fraud levels are on the up in North America according to AU10TIX, the identity verification…
P20 Calls for Enhanced Public and Private Sector Data Exchange to Tackle Rising Fraud Levels
Fraud levels continue to rise, costing consumers in the US and the UK billions each year. While…
Authorised Push Payment Fraud: Are PSPs Ready for Reform?
After the Financial Services and Markets Bill received royal assent on 29 June 2023, the Payment Systems…
Binance users in Hong Kong lose $450K in wave of fraud texts: HK police
Hong Kong’s police force has raised the alarm after 11 Hong Kong-based Binance customers were targeted in…
Open Banking Can ‘Bolster Defences’ Against Rising APP Fraud in the UK
Authorised push payment (APP) fraud losses decreased by 17 per cent in 2022 according to UK Finance,…
90% of Consumers Believe Their Financial Provider Could do More to Protect Them From Fraud, Says SAS
Nearly two-thirds of UK consumers will switch providers if they don’t feel protected against fraud, according to…
Hong Kong and Macau police seize over $2.8M related to JPEX fraud case
Authorities in Hong Kong and Macau have recently revealed arrests connected to the JPEX crypto exchange fraud…
Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme
Marco Ruiz Ochoa pleaded guilty to one count of conspiracy to commit wire fraud in the Southern…
FTX’s former external legal team disputes involvement in fraud allegations
A law firm that previously provided services to the now-defunct cryptocurrency exchange FTX has refuted a class-action…