Tag: fraud

A new report by Forrester reveals that battling fraud is particularly acute in the Asia Pacific region, where the attack ...

With the proliferation of deepfake-driven and AI-generated attacks in the financial services sector,  FinVolution has significantly invested in deepfake detection ...

FICO's latest global consumer fraud research revealed that Singaporeans worry about being tricked into sending money to criminals (26%).  Moreover, 25% of ...

Organisations incur an average cost of HK$3.64 ($2.70 for retailers and $4.31 for financial institutions) for every Hong Kong dollar ...

Sumsub’s internal research reveals that fraud ring crime approximately victimised one in every 100 users of a digital platform or service in 2023. ...

A new study by Juniper Research forecasts that global software spending on financial crime prevention tools will exceed US$28.7 billion ...

Callsign launched what it claims is the world’s first "Dynamic Interventions" capability helping organisations detect social engineering scams in real ...

Gartner predicts that generative artificial intelligence (AI), autonomic systems and privacy-enhancing computation are three technology trends gaining traction in banking ...

Kroll's latest Global Fraud and Risk Report 2021/22 reveals that organisations around the world are dealing with the rising costs ...

At the Fraud and Financial Crime Asia 2021 Conference, Carmen Chu, executive director (enforcement and AML) for the Hong Kong Monetary Authority, noted ...

Juniper Research predicts that the number of users of digital identity documents globally will exceed 6.5 billion by 2026, from ...

The latest anti-fraud technology study by the Association of Certified Fraud Examiners (ACFE) and SAS revealed that anti-fraud professionals are ...

The Open Risk Manual defines fraud risk as unexpected financial, material, or reputational loss as the result of fraudulent activities ...

In early February 2021, a Korean company was approached by what appeared to be one of their trading partners requesting ...

Juniper Research has found that consumers will lose $40 billion to fraudulent robocalls globally in 2022; up from $31 billion ...

FICO survey reveals complexity and cost of validating digital banking customers top pain points for lenders in the Philippines, and ...

A HSBC study estimates that over 80% of HK people have been the target of attempted fraud with romance and ...

Fraudsters have identified gaps and are using malware and phishing campaigns to scoop up data, duping the unaware and unprepared.

18% of Asia Pacific banks have a strategic plan to fully integrate their fraud and anti-money laundering compliance functions, while ...

The proliferation of real-time payments platforms, including person-to-person (P2P) transfers and mobile payment platforms across Asia Pacific, has increased fraud ...

FICO adds identity proofing and authentication capabilities to the FICO Platform.