Millennials Most Likely to Fall Victim to Bank Fraud
Millennials are falling victim to scams involving handing money to fraudsters more than any other age group, according to Lloyds Bank. New data shows that...
Tag : fraud
The Evolution of Cybersecurity Threats: Q&A with Pat Carroll
With over 25 years’ experience in Information Technology and Financial Markets, Pat Carroll, Executive Chairman and CEO of ValidSoft, has had the opportunity to build extensive knowledge in...
Advertising Fraud Losses to Reach $42 Billion in 2019, Driven by Evolving Tactics by Fraudsters
A new study from Juniper Research forecasts that advertisers will lose $42 billion of ad spend globally this year to fraudulent activities committed via online,...
Cybersecurity Firms Join Forces to Tackle Global ATM Cashout Fraud in the Banking Industry
A leading UK cyber security firm has joined forces with an Australian pioneer in payment card control technology to fight against the rise of global ATM Cashout...
Global Identity Verification Helps Mitigate Money Laundering and Fraud in Two of the World’s Fastest Growing Markets
Global identity verification company, Trulioo, announced today that it now verifies customers in the Czech Republic and Slovakia through its electronic identity verification platform, GlobalGateway – helping to mitigate...
New Anti-Money Laundering Technology Sees UK Fraud Rings Frozen
Pay.UK’s Faster Payments team is today announcing the official launch of the anti-fraud Mule Insights Tactical Solution (MITS) following a successful pilot by participants of...
£500 Million in Fraudulent Transactions Catalyst for Banks to Revamp Fraud Strategies
More than £500m was stolen from customers of British banks in the first half of 2018, according to Industry group UK Finance. Whilst £145m of...
12.3 Million Brits Have Been Victims Of Online Fraud
One in four (23%) Brits have been victims of fraud when shopping online – with 8% duped more than once, according to the inaugural Shieldpay...
Revealed – The Biggest Scam in Australian History
Whenever we hear the words ‘financial scam’, there are a number of thoughts that immediately spring to mind. From mysterious Panama bank accounts to smooth-taking...
Blockchain and Fraud Risk — What’s it look like? We take you through two cases
Like any means of value transfer and storage, solutions based on blockchain technology are vulnerable to fraud. According to the Association of Certified Fraud Examiners...
