Generative Data Intelligence

Tag: Fraudsters

How Fast is Too Fast? Rethinking Security Shortcuts in the Age of Instant Payments

Let's face it: our collective patience is wearing thin. We swipe, we tap, we punch in PINs like caffeinated pigeons at a seed dispenser. The quest...

$4,100,000 Crypto Fraud Scheme Promising Large Returns Busted in South Korea: Report – The Daily Hodl

South Korean police have detained two individuals for allegedly running a fraudulent crypto-based scam. According to the South Korean news outlet Chosun, a young duo in...

Here’s How a Hong Kong Housewife Lost $908K to Crypto Scammers: Report

A 46-year-old housewife in Hong Kong has reported losses of 7.1 million Hong Kong dollars ($908,000) after investing in a fraudulent crypto investment platform. According...

Level Up Your Payments Game: Must-Attend Events in 2024

The payments industry pulsates with constant innovation. Crypto rockets skyward, then plummet like Icarus... Fraudsters morph tactics faster than chameleons… Staying ahead of the curve demands...

Trust the funds: How new challenger banks can earn the confidence of customers

Centuries of history and decades on the high street mean that traditional banks, like the UK’s ‘big four’ of Barclays, Lloyds, HSBC, and Natwest,...

The 4 easy wins GenAI brings to the payments sector

The ability to scale is what qualifies an innovation as such. While generative...

Visa: AI Fuels Surge in Emotion-Based Scams like Pig Butchering and Inheritance Fraud – Fintech Singapore

by Fintech News Singapore March 21, 2024 Visa’s latest Biannual Threats Report for Spring 2024 underscores the concerning rise of “pig butchering” scams, showcasing the sophisticated...

Sumsub Combats Fraud Networks in APAC With Upgraded Solution – Fintech Singapore

Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution....

Mastercard and Network International Extend AI-Powered Fraud Protection

To fortify digital commerce security across the Middle East and Africa, Network International, the region's enabler of digital transactions, has expanded the reach of Mastercard's Brighterion...

Mastercard and Network International Extend Fraud Prevention to 60,000 Merchants

To fortify digital commerce security across the Middle East and Africa, Network International, the region's enabler of digital transactions, has expanded the reach of Mastercard's Brighterion...

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