Fraud prevention Stories - Page 51

Australian Stories

Fraud prevention stories

Experts urge data focus as Payday Super reform nears launch

Experts urge focus on robust data systems for Australia's Payday Super reform, aiming for timely, accurate super payments from July 2026 launch.

By Melania Watson • 4 min read • Thu, 9th Oct 2025

Customer Experience

Australians demand human touch as trust in AI & data use wanes

Only 23% of Australians trust companies to use AI responsibly, preferring human interaction over automation amid growing data privacy concerns.

By Melania Watson • 5 min read • Wed, 8th Oct 2025

Advanced Persistent Threat Protection

ANZ warns small businesses after AUD $84 million cyber losses

ANZ warns Australian small businesses to stay vigilant as scams cause AUD $84 million losses amid rising cybercrime threats in 2024.

By Catherine Knowles • 5 min read • Thu, 2nd Oct 2025

Data Protection

Cyber insurance among small businesses surges amid rising threats

Cyber insurance among Australian small businesses has surged 50% amid rising cybercrime threats, with incidents costing an average of AUD $49,600 each.

By Catherine Knowles • 4 min read • Thu, 2nd Oct 2025

Data Analytics

Australian insurers using AI to manage extreme weather claims

Australian insurers face over AUD $1.8bn in weather claims in early 2025 amid rising extreme events, boosting AI use to manage surges and fraud.

By Shannon Williams • 5 min read • Thu, 2nd Oct 2025

Customer Experience

Australian mobile banking apps see high use but modest satisfaction

Despite 69% of Australians regularly using mobile banking apps, satisfaction remains modest with a 66.0 CX Index score, says Forrester's 2025 report.

By Sean Mitchell • 3 min read • Tue, 30th Sep 2025

Global Stories

Fraud prevention stories

Data Protection

WestJet data breach exposes passports, fuelling identity fraud risks

A WestJet data breach exposed passengers' passports and IDs, heightening risks of long-term identity theft and synthetic fraud schemes globally.

By Kaleah Salmon • 4 min read • Wed, 8th Oct 2025

Encryption

How RCS can solve the trust and customer experience tension

RCS offers Australian businesses a secure, interactive way to boost customer engagement and trust, tackling data privacy concerns amid rising scams.

By Chris Connolly • 4 min read • Tue, 7th Oct 2025

Data Protection

Exclusive: Cloudera's Carolyn Duby warns of rising AI-powered cybercrime

AI-driven cyberattacks now cost firms on average USD $4 million and 100 days to recover, raising security to a vital business priority worldwide.

By Melania Watson • 5 min read • Fri, 3rd Oct 2025

Cartech

Willo raises GBP £3 million to combat AI-driven job fraud

Willo secures GBP £3 million to boost AI-driven job application checks amid rising fraud, expanding its reach in the US and launching new verification tech.

By Kaleah Salmon • 3 min read • Fri, 3rd Oct 2025

Customer Experience

UK & Ireland consumers embrace AI assistants, trust grows with use

Nearly three-quarters of UK and Ireland consumers now trust AI assistants, with 79% confident chatbots provide reliable help, says IBM study.

By Shannon Williams • 4 min read • Thu, 2nd Oct 2025

Fintech

The instant payments race is on, and Dwolla wants to be the orchestrator

Dwolla aims to unify instant payments via a single API across FedNow and RTP, simplifying real-time transactions for enterprises amid rapid market growth.

By Richard Black • 4 min read • Tue, 30th Sep 2025

Data Analytics

How finance leaders can strengthen audit controls for better spend compliance

Finance leaders can enhance spend compliance by focusing audits on high-risk areas, using AI, automating checks, and applying data analytics for stronger controls.

By Jonathan Beeby • 4 min read • Thu, 25th Sep 2025

Stories from Other Regions

Fraud prevention stories

Network Infrastructure

Proximus Global launches Konera to simplify network APIs in India

Proximus Global launches Konera, a platform unifying mobile network APIs to streamline connectivity and identity services for enterprises and developers in India.

By Catherine Knowles • 4 min read • Thu, 9th Oct 2025

Biometrics

UK APP fraud refunds reach GBP £112m, but scams still rising

UK banks have refunded GBP £112m to victims of APP fraud under new rules, yet scam levels continue to rise, prompting calls for stronger prevention measures.

By Shannon Williams • 4 min read • Thu, 9th Oct 2025

Customer Experience

Kiwis lose trust in AI as preference for human service prevails

Only 18% of New Zealanders trust companies' use of AI, with 62% fearing it limits human contact, impacting spending and loyalty in customer service.

By Melania Watson • 4 min read • Wed, 8th Oct 2025

Risk & Compliance

Digital ID promise for UK weighed against risks to inclusion & innovation

The UK's new digital ID scheme aims to cut fraud by GBP £1.6bn yearly but faces concerns over inclusion, innovation, and effective implementation from experts.

By Kaleah Salmon • 5 min read • Tue, 30th Sep 2025

Financial Systems

Finance leaders urged to prepare early for Malaysia e-invoicing

Malaysian finance leaders are urged to prepare early for phased e-invoicing mandates to ensure compliance and avoid fines up to MYR RM20,000 per violation.

By Kaleah Salmon • 4 min read • Tue, 30th Sep 2025