AI
Westpac Pilots AI Assistant to Support Staff in Scam Prevention
AI-Powered Call Assistant Enhances Fraud Detection and Customer SupportHighlights:Real-Time Scam Detection: Westpac’s AI assistant analyzes customer conversations to identify scam indicators and provide...
FinTech
Google Integrates LLM Gemini Nano to Combat Evolving Scams
A Closer Look at Google's Innovative Approach to Enhance Online SecurityHighlights: Google's Gemini Nano leverages advanced AI to detect and prevent scams.The integration aims...
FinTech
Americans Lost $3 Billion to Impersonation Scams in 2024
Uncovering the Alarming Rise of Impersonation Scams and Their Impact on ConsumersHighlights: The impersonation scams resulted in a staggering loss of $3 billion for...
Banking
NAB Takes Down 600 Fake Websites to Protect Australians from Scams
A proactive approach to combat cyber threats and safeguard customersHighlights:NAB identified and removed nearly 600 fraudulent websites impersonating the bank in 2024.
These...
FinTech
PayPal Scammers Leverage DocuSign API for Fraudulent Activities
Understanding the New Tactics of Online Scammers and How to Protect YourselfHighlights: Scammers are using the DocuSign API to create fraudulent documents.Victims are led...
FinTech
Ireland’s New Legislative Changes to Combat Escalating Scam Epidemic
Proposed measures aim to protect consumers and strengthen cybersecurity in the financial sector.Highlights: Ireland proposes significant legislative changes to address the rising issue of...
Banking
Santander bids to clamp down on Facebook Marketplace scams
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