Forter strengthens bot detection capabilities following recent acquisition
Forter, the trust platform for digital commerce, has announced the acquisition of Immue, a bot detection company based in Tel Aviv, Israel.
Nine out of 10 fintechs will hire more fraud experts in 2023
Nine out of ten fintechs plan to recruit more experts to help tackle fraud as they expect scams to soar in 2023, according to new research.
Healthcare fraud on the rise, advanced solutions emerge
The global healthcare fraud detection market was valued at $1,098.2 million in 2021, and is projected to reach $3,600.0 million by 2031, reflecting a CAGR of 12.6%.
Bitdefender urges caution when dealing with holiday spam
Bitdefender Labs is warning people to be aware during the festive season due to a significant increase in spam scams.
Retailers beware as fraud risk increases over holidays
eCommerce merchants have to stay alert and deploy a multi-layered fraud prevention solution, according to LexisNexis Risk Solutions.
SAS and ACFE reveal Fraud Awareness Week insights
The Association of Certified Fraud Examiners (ACFE) has estimated that occupational fraud costs businesses around the world more than USD$4.7 trillion annually.
Novatti teams up with Riskified to combat payment fraud
Utilising Riskified’s premier Chargeback Guarantee offering, Novatti becomes the first online card processor in APAC to offer total protection for fraudulent chargebacks.
Fraud report reveals customer onboarding crisis for fintechs
71% of consumers are less likely to trust a fintech service that has been impacted by onboarding fraud, according to a new report.
Fraud and inefficiencies to cost CPaaS $1.4 billion by 2026
New research reveals that fighting fraud and achieving consolidation as the top challenges for CPaaS providers
Video: 10 Minute IT Jams - An update from Forter
TechDay's 10 Minute IT Jams provide sharp, to-the-point insights into emerging and established technology companies that operate in the Asia Pacific region.
Kasada reveals 21% of companies have spent $2.5M fighting bots
The 2022 State of Bot Mitigation Report is based on the findings of organisations that are already using anti-bot solutions and compares results against last year.
Breaking down BEC – the costliest risk facing your organisation
According to the Australian Cyber Security Centre’s Annual Cyber Threat Report 2020-21, BEC cost Australian organisations AUD$81 million during a twelve month period.
Swift successfully pilots its Securities View capability
The new capability significantly increases transparency in post-trade processing while preventing costly settlement fails; it will be widely available in 2023.
Online shopping delivers unhappy returns to fashion retailers
Consumers now demand greater freedom and flexibility as their browsing, shopping and purchase activities have shifted from in-store to primarily online.
Paytm Labs launches ML-powered fraud risk management platform
Pi was developed from scratch at Paytm's innovation lab, and is designed for fintechs, banks and eCommerce marketplaces with high transaction volumes.
Classiscam threat expands to target leading platforms in Singapore
Researchers at Group-IB have uncovered that Classiscam, a sophisticated scam-as-a-service operation, has expanded to Singapore.
KICKS CREW selects Forter to help scale global eCommerce operations
KICKS CREW has selected Forter to help scale its global digital commerce operations.
DataDome launches reimagined, fully compliant CAPTCHA
DataDome has announced enhancements to its solution with the launch of its newly integrated and reimagined CAPTCHA.
Forter and ShopBack enhance partnership to further prevent fraud
Forter and ShopBack have enhanced their partnership with the addition of better eCommerce security solutions for customers.
eCommerce fraud increasing pressure on businesses margins
It is vital for businesses to maximise the value of every dollar by turning away as many fraudulent actors as possible without blocking good customers."
Cost of fraud up 10 to 16% in APAC from pre-pandemic levels
LexisNexis Risk Solutions released the latest APAC edition of the True Cost of Fraud Study, which surveyed 387 risk and fraud executives.
Fraud costs increase more than 10% over pre-pandemic levels
"We are seeing a high volume of fraud attempts following a continued shift towards digital channels spurred by the pandemic."
SAS and Greater Bank launches new AML and fraud service
Greater Bank and SAS have joined forces to deliver a new fraud detection and anti-money laundering solution that bolsters the protection of its 270,000 plus customers.
Q&A: Oculeus discusses the current state of telecoms fraud and beyond
The basic facts are that we are all exposed to telecoms fraud – from providers of communications services to enterprises and organisations to individual consumers.