[New] Reserve Bank of India issued an advisory for all banks to adopt the Financial Fraud Risk Indicator developed by the Department of Telecommunications.
SSBCrackExams
[New] The European Banking Authority has already highlighted that fraud risks are significantly higher in instant payments - up to 10 times higher than in traditional credit transfers - putting banks on notice that robust real-time fraud detection is expected.
Flagright
[New] Fraud that victimizes U.S. investors, individuals, and markets including, Ponzi schemes, investment fraud, elder fraud, service member fraud, and fraud that threatens the health and safety of consumers.
ICR
[New] The global cost of financial fraud is expected to surpass £500bn annually, with cyber criminals leveraging increasingly sophisticated techniques such as deepfake social engineering, synthetic identities, and artificial intelligence - powered money laundering.
Financier Worldwide
[New] The first flagship use case, an on-chain land register, exemplifies how blockchain can mitigate fraud risks, ensure data integrity, and streamline compliance processes for governments and regulatory bodies worldwide.
SEAL Semiconductors
[New] In the US alone, bank fraud could be reduced by $51 billion and cards and payments fraud by $7 billion.
Macro 4
Major Australian retailers use AI-driven analytics to manage inventory and predict consumer demand, while banks employ AI algorithms to detect fraud faster and more accurately.
Appomate
Online payment fraud poses a severe and multifaceted threat, resulting in substantial financial losses for both businesses and consumers globally.
FinExtra
Blockchain: Blockchain technology is beginning to gain traction in Mexico's real estate sector, enabling automated and transparent transactions, reducing the need for intermediaries and minimizing fraud risks.
Garrigues
Artificial intelligence and machine learning will strengthen fraud detection, transaction monitoring, and compliance in real-time, securing the global payments environment.
Credence Research Inc.
Financial services alone may see an estimated $20 billion annual contribution from quantum computing by 2030, with applications ranging from portfolio optimization to risk modelling and fraud detection.
CAQA Resources
The Securities and Exchange Board of India is set to implement a validated UPI handle for investor-facing intermediaries to ensure secure payments and reduce fraud risks.
EDUREV.IN
Security experts identify three major Android malware threats emerging in 2025: embedded firmware-level malware in budget smartphones, evolved banking trojans with full surveillance capabilities, and NFC-relay fraud targeting contactless payments.
Forensic Focus
By mid-2026, World ID could be embedded into major fintech and social platforms, especially where fraud and identity theft are rampant.
UNDERCODE NEWS
With payment fraud and scams-related losses continuing to increase, digital wallets' advanced security features, such as encryption and tokenization, safeguard user information and reduce the risk of fraud.
Digital Transactions
As APAC's fintech and healthtech sectors continue to expand - with fintech projected to reach US$ 1.15 trillion by 2032 and digital health US$ 488.5 billion by 2033-Sumsub warns that fraud risks are likely to scale alongside industry growth.
Fintech Singapore
96% of UK fintechs we have spoken to say that they are investing in fraud prevention in 2025, and identity risk solutions are their top investment for reducing fraud.
FinExtra
The latest tranche of AI agents is purpose-built to handle time-consuming risk and compliance tasks, including: risk reviews, fraud detection, global tax compliance, sustainability compliance, anti-bribery compliance, and legal reviews.
Yahoo Finance
Blockchain has the potential to reduce fraud by up to 50% in transactions.
Grady Andersen
Blockchain adoption in supply chain management could reduce fraud by 35%, improve transparency, and enhance operational efficiency.
Market Data Forecast
In a bold move to combat the rising threat of deepfakes and synthetic identity fraud, Google has a cutting-edge Know Your Customer innovation aimed at bringing more security and trust to digital identity verification.
demandteq
The inclusion of bank account information in the Palantir database could make individuals more vulnerable to identity theft, fraud, and other financial crimes.
County Local News
Sectors like fintech and online marketplaces are seeing high rates of payment fraud attacks, while the total cost of digital commerce fraud could hit US$ 107 billion by 2029.
BiometricUpdate.com
Last updated: 08 July 2025
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