Tag: fraud prevention

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Vouched Secures $17M to Expand AI Identity Verification Solutions

The funding will accelerate Vouched’s mission to strengthen AI-powered identity verification, enhance fraud prevention, and expand global market presence. Highlights: Vouched raises $17 million to...

ANZ Unveils Innovative Digital Padlock to Combat Cyber Crime

How ANZ's New Security Feature Protects Customers from Cyber CriminalsHighlights: ANZ has launched a revolutionary digital padlock to enhance online banking security.This new feature...

CommBank Sees 76% Decrease in Scam Losses Amid New Security Features

Discover How Innovative Measures Are Safeguarding Customers Against FraudHighlights: CommBank reports a 76% decrease in scam-related losses in the last year.The bank has implemented...

Mastercard Launches A2A Protect for Enhanced Payment Security in the UK

Revolutionizing Account-to-Account Transfers with Innovative SafeguardsHighlights: Mastercard's A2A Protect offers heightened security for account-to-account transactions.The solution utilizes advanced technology to detect and prevent fraud...

Sam Altman Warns of Imminent AI-Enabled Fraud Crisis

Exploring the Dangers and Impacts of AI on Modern Fraud TacticsHighlights: Sam Altman highlights the increasing threat of AI in facilitating fraud.AI technologies can...

Australian Banks Launch Nationwide Confirmation of Payee Scheme for Enhanced Security

New initiative aims to reduce fraud and improve trust in digital transactions.Highlights: Australian banks have initiated a nationwide Confirmation of Payee scheme.The scheme is...