Fraud prevention Stories

Asian Stories

Fraud prevention stories

Carousell reaches EBITDA profit as it bets on reCommerce

EBITDA profitability gives Carousell room to expand secondhand services and AI tools, after revenue rose 18% to USD $140 million last year.

By Mark Tarre • 5 min read • Yesterday

Global Stories

Fraud prevention stories

Digital Transformation

Halifax to be rebranded as Lloyds by banking group

Halifax customers will keep their account details as Lloyds Banking Group folds the brand into Lloyds, with no immediate action needed.

By Karen Joy Bacudo • 3 min read • 2 days ago

Data Protection

EOFY pressures drive cyber risk for Australian firms

Rising deadline pressure is leaving finance and payroll teams more exposed to sophisticated scams that can disrupt payments and damage trust.

By Sofiah Nichole Salivio • 6 min read • Last week

Email Security

Yahoo Boys, a persistent menace and one of the longest running online crime cultures

Yahoo Boys have evolved from email fraud into an AI-enabled cybercrime subculture, using deepfakes, sextortion and social media to target victims worldwide.

By Laura Kankaala • 8 min read • Last week

Fintech

Spain leads Europe in trust for AI shopping agents

Trust in AI shopping agents is weakest in the UK, where payment worries are holding back uptake as Spain shows far stronger confidence.

By Sofiah Nichole Salivio • 4 min read • Last week

Customer Relationship Management

Friendly fraud drives up merchant costs, report finds

Merchant prices are being pushed higher as friendly fraud and chargeback costs intensify, with more than 83% reporting rises over three years.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Robotics

Asia-Pacific telecoms push AI monetisation at roundtable

Operators in Asia-Pacific are under pressure to find new revenue as AI services and 5G-Advanced reshape telecoms economics.

By Sean Mitchell • 5 min read • Last week

Data Protection

Asia-Pacific digital economies face highest identity fraud

Remote onboarding is leaving Asia-Pacific's most digital markets exposed, with Indonesia seeing the highest identity-fraud signals in Shufti's data.

By Sean Mitchell • 5 min read • Last week

Software-as-a-Service

Truecaller & Route Mobile expand business messaging

The tie-up broadens verified customer messaging for multinational brands, tapping Truecaller's 500 million monthly users through Route Mobile's global network.

By Mark Tarre • 4 min read • Last week

Stories from Other Regions

Fraud prevention stories

Customer Relationship Management

The Hidden Cost of Bad Contact Data for Australian Finance Teams

Bad contact data is costing large Australian organisations hundreds of thousands of dollars a year through delayed payments, fraud risk and wasted spend.

By Edmund Ng • 5 min read • Yesterday

Fintech

Nuvei completes live Visa agent payment with issuers

Multiple European banks have backed a live AI-led purchase on Visa's network, pointing to how merchants may complete checkout without a separate flow.

By Karen Joy Bacudo • 4 min read • Yesterday

Data Protection

Australians face scam risk during major life events

Stressful milestones like buying a home or job hunting are leaving Australians most exposed to scams, a TrendLife study found.

By Mark Tarre • 5 min read • 2 days ago

Data Protection

New Zealanders hit by scams during big life events

Middle-aged New Zealanders are increasingly exposed as scammers target house moves, job searches and big purchases, research shows.

By Mark Tarre • 5 min read • 2 days ago

Phishing

Australia warns of scam surge during Prime Day sales

Scammers are exploiting Prime Day shopping sprees as Australia's new rules aim to stop fraudulent texts, emails and instant payments.

By Sofiah Nichole Salivio • 7 min read • Last week

Network Security

Why SMS authentication is exposing mortgage lenders to avoidable risk

Mortgage brokers face mounting breach and fraud risks as attackers exploit SMS codes to reach high-value client data, experts warn.

By Geoff Schomburgk • 5 min read • Last week

Hybrid Cloud

Google Cloud expands Spanner for AI & multi-model data

Businesses can now run transactional, graph and vector workloads together as Google broadens Spanner for AI applications across clouds and on-premises.

By Mark Tarre • 5 min read • Last week