Tag: fraud prevention

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Santander ScamTracker Reveals Customers Lost £18 Million to Fraud in Q1

Essential Insights into the Rising Tide of Financial Fraud and How to Protect Yourself Highlights: Customers lost £18 million due to fraudulent activities in the...

Visa Unveils Innovative AI Fraud-Fighting Tool

Revolutionizing Payment Security with Advanced Technology Highlights: Visa introduces a cutting-edge AI tool designed to combat fraud in financial transactions.The new technology leverages machine learning...

US Consumer Fraud Losses Projected to Exceed $125 Billion in 2024

An alarming rise in financial deception highlights the need for increased vigilance and security measures. Highlights: Projected consumer fraud losses in the US are set...

Surge in Mule-Linked Activity Inflates Savings Account Frauds

Exploring the alarming rise in money mule schemes affecting savings accounts across the globe. Highlights: Savings accounts are experiencing a significant increase in mule-linked activity.The...

Mastercard and Feedzai Form Strategic Pact to Combat Online Scams

Together Against Fraud: Uniting Technology and Expertise to Protect Consumers Highlights: Mastercard partners with Feedzai to enhance fraud detection.The collaboration aims to protect consumers from...

Sardine Secures $70M Investment for Advanced AI Fraud Detection Platform

Revolutionizing the Fight Against Financial Fraud with Cutting-Edge Technology Highlights: Sardine has raised $70 million in funding to enhance its AI-driven fraud detection services.The investment...