Fraud prevention stories

Banks are hitting old systems, poor data and regulatory hurdles as AI pilots stall, with most projects still stuck in test mode.

SAS adds a private-preview supply chain agent and other AI tools, backed by USD $1 billion investment, for manufacturing, retail and finance.

EY names 1Kosmos Chief Executive Officer Hemen Vimadalal as a finalist for its 2026 Entrepreneur Of The Year New Jersey award.

Loop launches AI-powered suite for retailers to reduce returns, spot fraud and automate order edits, backed by data from 200 million shoppers.

bunq rolls out themed stock baskets and broader fraud checks as its crypto arm passes GBP £100 million in year one.

Absa uses WhatsApp and FICO tools to lift fraud containment and collections, with self-solve cases up 47% and promises to pay more than doubling.

ACI and Kinexys by J.P. Morgan embed account and payee verification into bank payment flows as instant-transfer fraud pressures mount.

Stripe, PayPal, Adyen and Block are pushing into loyalty, lending and AI checkout tools as payment groups seek a bigger role in merchant commerce.

Ecommpay says Click to Pay is helping merchants win more completed online sales as guest checkout adoption rises and approval gaps widen.

Everywhen warns businesses and consumers to check web addresses, padlocks and browser alerts as fake sites fuel rising cyber fraud risk.

Proofpoint warns that 36% of FIFA World Cup 2026 commercial partners still lack the strongest DMARC settings, leaving fans exposed to spoofed emails.

Ping Identity named Google Cloud Security Partner of the Year as AI controls and marketplace sales drive growth across joint identity tools.

Google Cloud expands AI security with new agents, Wiz integrations and fraud defences as it targets faster, more automated cyber attacks.

Creditinfo snaps up the remaining stake in KIB Latvia, giving it full control of the bureau and a bigger platform in the Baltic market.

EU wallet rules could turn digital identity into the next payments backbone, forcing banks to rethink onboarding, fraud and customer trust.

Fime unveils neutral trust layer for AI-driven payments, aiming to verify autonomous purchases, compliance and auditability across networks.

Tuned Global rolls out Service Manipulation Detection for streaming clients as labels demand tougher controls on fake plays and royalty fraud.

Mastercard and Lobster.cash to let OpenClaw users authorise AI agents to spend on existing cards, backed by Verifiable Intent.

payabl. adds Visa Click to Pay across Europe, aiming to cut checkout friction, lift authorisations and reduce fraud for merchants.

Appdome unveils mobile API defence that checks app, device and session identity before granting access, targeting bot abuse and takeover attacks.