Scams stories
Banks are being urged to watch for fraud and exploitation patterns as the 2026 World Cup is expected to fuel risky cross-border payments.
The three-year tie-up aims to turn academic research into practical payments policy on fraud, stablecoins, remittances and cyber risk across APAC.
AI-fuelled scams help push illicit finance to an estimated USD $4.4 trillion in 2025, with fraud losses hitting USD $579.4 billion.
Scammers hijack Israel-Iran war headlines for classic advance-fee email cons, security researchers warn, urging users not to respond.
BioCatch posts record ARR above $185 million as it adds 90 banks, blocks $4 billion in fraud and expands its global trust network.
OpenText warns 2026 will bring an AI‑driven identity crisis, deepfake-fuelled scams and decision overload that many firms are not ready for.
SAS predicts agentic AI will run core banking by 2026, reshaping trust, fraud defences, climate risk and quantum-powered decision making.
Criminals could move proceeds abroad undetected unless foreign-owned lenders lift weak reporting and controls, AUSTRAC has warned.
Fraud is eroding trust in digital services, with 56% of Australians saying they have already suffered online scams or identity theft.
Singaporeans still prefer calls for customer support, but firms are shifting budgets to digital self-service and AI, risking a widening gap.
A UK-led coalition has launched a live prototype Digital Company ID to tackle rising fraud and streamline verification for businesses.
Gumtree introduces verified badges and stricter checks for business sellers in the UK, aiming to boost user trust and deter fraud.
London-based LegacyX launches Vortex dating app and LXDC GIF tool, betting on blended social discovery and creator-focused expression.
FinTech Australia urges Canberra to open tenders to smaller players and revamp startup funding settings in its pre-budget pitch.
Young Australians lose over AUD $2.2 million as fake flexible job offers surge, with scammers recruiting money mules via texts and social media.
Avast rolls out Deepfake Guard for Windows and expands Scam Guardian on mobile, promising real-time protection from AI-powered scams.
Nearly half of New Zealand's online daters would consider dating an AI, as loneliness and mistrust reshape how Kiwis seek romance online.
West Midlands-based Hubtel IT boosts staff by 25% and targets 2026 turnover above GBP £2.5m as it doubles down on AI and cyber security.
Australians greatly overestimate their ability to spot AI-driven scam images, with new research showing they get it right less than half the time.
Ecommpay has been shortlisted for four FStech 2025 awards, underlining its role in driving innovation, security and inclusion in payments.
