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In 2023, the Canadian Anti-Fraud Centre reported a staggering $554 million in victim losses related to fraud and cybercrime — nearly 5 per cent more than what was reported in 2022, which in itself was...
The emergence of artificial intelligence (AI) has given rise to a troubling new type of fraud that is extending digital impersonation beyond just dating platforms and reality TV and into the financial...
As more and more banks implement an omnichannel experience to serve their customers, it’s clear that fraud management needs to follow suit. Consider the limited scope of branches as digital transacti...
Those working in the financial services are constantly facing a fraud dilemma that is unlikely to end, seeing fraud surge 24% during the COVID-19 pandemic alone. Financial institutions (FIs) are stil...
How can the payments and fuel industries get prepared for the adoption of future vehicle technologies? Building a greener and more sustainable economy means consumers need to change how they consume, ...
Against the backdrop of continuing economic uncertainty, financial fraud will continue to thrive in 2022, with fraudsters expected to exploit consumers across all digital channels. Sadly, the industr...
APP fraud is rocketing, up 70 per cent in six months, and likely to be a multi billion business shortly. No one is surprise to learn that the Bank of England, Pay.UK and UK Finance (The Collaboration...
Working from home has become “the norm” for many of us, as COVID-19 forced the closures of traditional offices, people across the world moved into hastily converted kitchens, sheds, dining rooms and s...
A recent survey found that 93% of respondents agreed that fraudsters have become more diverse and that the speed of innovation has increased with it, resulting in greater complexity when detecting the...
Delivering a great shopping experience is about more than just the shopping, it's about the paying too. However, today merchants are so hyper-focused on the risk of fraud and attacks, the ease of chec...
The experience of lockdown has turned many consumers into a captive but willing audience for streaming entertainment and subscription services. Stuck at home with children or friends and relatives to ...
Brands have been encouraging consumers to move their shopping online for years. As a result of the COVID-19 pandemic, this has happened all at once. Even as lockdowns ease around the world, many store...