Why ransomware recovery tools are now a business essential
A report released by tech giant Microsoft found that the number of ransomware attacks has more than doubled over the last 12 months. It found that financially motivated cybercrime has increased in the last year and is to remain a “persistent threat” moving forward. The report also found that the number of online scams has […]
FRAUD PREVENTION: What did 2024 deliver and where are we going next?
This year, the fight against fraud has reached new levels of sophistication in the UK’s retail and banking sectors. With fraud techniques evolving, businesses are investing heavily in advanced prevention solutions to protect customers and reduce financial losses. Here’s a look at the key trends, usage scenarios, technology, costs, and the outlook for fraud prevention, […]
Register now for the Smarter Payments Summit
There’s a complimentary delegate place waiting for you at the Smarter Payments Summit, which takes place in March 2025 – and you can register today! Date and Venue: 10th March 2025 @ Hilton, London Canary Wharf The suppliers attending will be offering a range of products & services in the following categories: Would you be interested in meeting with top suppliers to discuss […]
UK fraud pegged at £570 million in the first half of 2024
Data from UK Finance indicates criminals stole £571.7 million through unauthorised and authorised fraud in the first half of 2024, representing a 1.5 per cent decrease compared to the first half of 2023. Banks prevented £710.9 million of unauthorised fraud through advanced security systems, while 72 per cent of APP fraud started online and 16 […]
CHARGEBACKS MONTH: What can we learn from 2024 to help minimise losses?
Chargeback management has become a critical concern for retail brands. The practice – where customers dispute transactions and seek refunds through their banks – can significantly impact revenue and operational efficiency. As technology advances and fraud becomes more sophisticated, e-commerce and payment professionals need to be aware of the latest trends in solutions to protect […]
500 million smartphone users will be using a Digital Identity Wallet by 2026
At least 500 million smartphone users will be regularly making verifiable claims using a digital identity wallet (DIW), according to new analysis from the boffins at Gartner. Identity verification (IDV) in the form of a user taking a picture of their identity document and a selfie is commonly used today. It establishes confidence in the […]
Have you secured your place at the Fraud Prevention Summit next month?
Would you like to meet 1-2-1 with the industry’s leading fraud suppliers at the upcoming Fraud Prevention Summit? This unique event has been designed for professionals, like yourself, to help you source new solution providers, through 1-2-1 meetings in a relaxed and intimate setting, unlike regular expos. DATE: 6th November 2024 VENUE: Hilton London Canary Wharf BOOK NOW! […]
If you specialise in Biometrics for Fraud Prevention we want to hear from you!
Each month on Fraud Prevention Briefing we’re shining the spotlight on a different part of the market – and in November we’ll be focussing on Biometrics for Fraud Prevention. It’s all part of our ‘Recommended’ editorial feature, designed to help industry buyers find the best products and services available today. So, if you specialise in Biometrics for Fraud […]
These are the most in-demand Fraud Prevention solutions for 2025
Fraud Detection Tools, Anti-Fraud Software and AI are topping the list of technologies the UK’s anti merchant fraud professionals are sourcing for 2025, according to our exclusive research. The findings have been revealed in the run up to the Fraud Prevention Summit, which takes place on November 6th in London and are based on delegate […]
New M&S self-serve B2B platform doubles down on fraud prevention
BHN (Blackhawk Network) has entered a partnership with M&S to launch the retailer’s first self-serve B2B eCommerce platform, with a particular emphasis on combatting attempted fraud. In short, the retailer will now have a self-service ecommerce platform that B2B buyers can access at any time to complete gift card orders. The platform will allow B2B […]
