Digital transactions have emerged as a dominant force in today’s global commerce sector, empowering businesses and fin ...

Fraudsters aren’t slowing down, and neither should banks. Machine learning is changing the game, making fraud detection ...

According to researcher Datamonitor, more than 48 per cent of all credit card fraud occurs online. Yet only two per cent of Visa transactions, for example, take place on the internet. "It's easy ...

AI will significantly reduce fraud by recognizing patterns that indicate fraudulent activity that most traditional fraud-prevention methods overlook. These capabilities allow AI to monitor ...

Fraud transactions in Nigeria's banking system have tripled over the past four years from N11 billion to N52 billion, statistics from the Nigeria Inter-Bank Settlement System (NIBSS) has shown.

According to a Q4 analysis by MISMO-certified wire fraud prevention fintech FundingShield, 50.5% of transactions had issues leading to wire and title fraud risk. Additionally, 5.25% of ...

KUALA LUMPUR: Financial institutions should extend the cooling-off period for transactions to up to 72 hours to combat online scams and fraud, says Comm Datuk Seri Ramli Mohamed Yoosuf (pic).

This type of fraud typically occurs with online or phone transactions where only the credit card details are provided. Card-not-present fraud can be difficult to detect because the merchant cannot ...

Fraud transactions in Nigeria's banking system have tripled over the past four years from N11 billion to N52 billion, statistics from the Nigeria Inter-Bank Settlement System (NIBSS) has shown.