Fraud prevention stories
Singaporean Android users may soon get real-time warnings as Google DeepMind and GovTech test on-device AI to spot scams without reading chats.
Crypto scam losses in Singapore fell 43% as police and Coinbase teamed up to identify more than 720 potential victims and stop S$18.9 million in losses.
Fraud teams may struggle to spot AI-driven scams and agent-led abuse as Darwinium moves to assess intent across entire digital journeys.
The move gives Appdome more sales and customer firepower as it races to scale its AI-driven mobile security platform against rising threats.
Its Asia-Pacific revenue has been rising 50% a year as the mobile security group opens a Singapore hub for sales, support and engineering.
Peak betting events are exposing fraud and compliance gaps, forcing operators to balance faster growth with player protection and customer trust.
The reshuffle is aimed at helping Spur expand with security and fraud teams as anonymised internet traffic makes traditional signals less reliable.
Merchants expanding into new markets can now add fraud checks through Yuno's existing payments infrastructure, avoiding a separate integration.
Banks are using payment cards as trust anchors to link onboarding, wallet enrolment and fraud checks without adding more customer friction.
The hire signals a push into acquisitions and new financial services products as the payments group broadens beyond dispute management.
AI pilots are stalling because weak data quality and unclear ownership keep organisations from turning governance spend into measurable gains.
Newly observed merchants are most exposed in their first three months, with 10.5% hit by fraud and the median first case coming after 33 days.
Operational gaps are undermining banks' fraud defences, with only 41% fully connecting key data despite strong plans to increase AI spending.
The deal should help enterprise customers improve message delivery and cut fraud risk as the pair expand across APAC markets.
The hire underscores Appcharge's push to win more app developers as court rulings and regulation open alternative payment routes beyond Apple and Google.
Banks and retailers face new risks as AI agents begin spending, booking and triggering payments without a human checking every step.
Verified profiles and richer message formats could help banks and credit unions curb impersonation scams as RCS reaches more US phones.
The new post is meant to unify Smarsh's sales and customer teams as the software group pushes further into regulated markets overseas.
Banks and phone firms face pressure to do more, as 34 per cent of Canadians say they were targeted by a scam in the past year.
The move has helped lift member engagement, with digital banking users up 42% and in-branch account opening now up to five times faster.