Scams stories
The partnership will fund more than 3,200 hours of specialist help, aiming to support over 1,000 fraud and cybercrime victims in the US and UK.
Businesses face growing risk from AI-driven fraud as ANZ says rushed seasonal trading can let scammers exploit weak payment controls.
Stablecoins are edging towards mainstream payments in Asia Pacific, with 46% of consumers saying they may use them within five years, Visa found.
Consumers across Asia Pacific are willing to wait longer for transfers if it reduces scam losses, Visa's survey of 45,000 people found.
Cross-border transfer costs may fall as nearly half of banks and fintechs are already using or piloting stablecoins, ACI Worldwide says.
The cybersecurity company is seeking board-level expertise as it expands brand protection services amid rising AI-driven phishing and fraud risks.
Account takeover and card-testing attacks surged as AI lowered the cost and speed of scams, raising pressure on online retailers.
Australians are losing billions as AI-driven fraud pushes banks, telcos and platforms to share scam data faster and stop payments earlier.
Scam losses are rising faster than human fraudsters alone can explain, with AI-enabled cases in the US already topping USD $900 million.
The deal would bolster Visa's push into fraud prevention as banks battle account takeovers, scams and money mule activity.
The finding highlights a trust gap that could slow AI adoption in payments, with only 22% of UK consumers willing to use it there.
Customer concerns over fraud and regulation are shaping a cautious rollout, with the bank planning to start on its own digital channels in Hong Kong.
Customers will be able to query spending patterns in natural language as the bank expands in-house AI after launching fraud triage support.
Europe's card fraud bill hit a record EUR €1.69 billion, even as UK losses edged up only 2% to GBP £594.9 million.
Stronger anti-money laundering reforms could lift Canada's economy by CAD $216 billion over a decade, Deloitte says.
Participants will hear fresh evidence on scams and digital trust as Southeast Asia weighs tougher rules for a fast-growing digital economy.
Victims are being left to fend for themselves as fraud becomes industrialised, with many still blaming themselves after scams.
Small firms using the app can now automate tax set-asides and invoice checks as banks race to curb fraud and cut admin.
Australians lost AUD $2.18 billion to scams in 2025 as fake myGov logins and bogus invoices exploit tax-season urgency, Proofpoint said.
Trust gaps are slowing AI shopping adoption, with only 41% of UK users willing to let tools complete a full purchase journey.
