Browsing: fraud prevention

The UK Fintech sector suggests implementing ‘virtual passports’ for businesses to curb financial crime and save £600m annually.New research by…

Charles McManus, CEO of ClearBank, urges Meta to tackle online fraud.Social media platforms like Facebook and Instagram contribute significantly to…

Revolut has announced changes to its fraud prevention measures, signalling a significant shift in its approach to enhancing customer safety.The…

Emerging technologies continue to reshape security landscapes globally. Among these innovations, Daisy, an AI developed by O2, stands out as…

Revolut is gearing up for potential acquisitions, having recently signalled plans to expand its mergers and acquisitions team.Despite recent economic…

Anticipation for Oasis’ long-awaited reunion tour has been marred by fraudulent ticket schemes, leaving fans frustrated and out of pocket.…

In 2023, UK retailers faced substantial financial losses due to cyber attacks and fraud, totalling £11 billion.The rapid advancement of…

Artificial intelligence is proving to be a game-changer in the fight against financial fraud. By analysing vast datasets, the U.S.…

The Payment Systems Regulator’s decision to reduce the fraud reimbursement cap could hinder fraud prevention efforts.The cap reduction lowers banks’…

Revolut is urging social media companies, particularly Meta, to take greater responsibility for preventing and compensating fraud victims. Currently, financial…