Join these first class organisations at the Fraud Prevention Summit
Can you make the date to join us at the Fraud Prevention Summit? This unique event will allow you to network with peers, meet with leading suppliers & enjoy a series of seminar sessions. Wednesday, 6th November 2024 | Hilton London Canary Wharf As a fraud professional, you can attend for FREE – Secure your place here. Add your name to the guest list HERE, […]
Aviva reveals huge spike in car insurance fraud
Aviva reported a 39% increase in the number of claims declined as a result of fraud in 2023, uncovering more than 11,000 suspect claims worth £116m – the equivalent of 30 bogus claims a day with a value of £318,000. The company says it’s investigating a further 13,100 claims for suspected fraud. Fraudulent motor insurance […]
FRAUD DETECTION MONTH: How the latest tools are helping to shield the bottom line
Fraudulent activity is a persistent threat for both retail and banking sectors in the UK. Anti-fraud professionals are constantly on the lookout for innovative solutions to combat ever-evolving scams and safeguard customer funds. The landscape of fraud detection is experiencing a significant shift, with technology playing an increasingly crucial role in mitigating financial losses and protecting consumers… The […]
Research: European businesses ‘unprepared for increasing cyber attacks’
A Cloudflare study has revealed that 64% of business leaders, including the retail and financial services sectors, expect a cybersecurity incident in the next 12 months, but only 29% feel highly prepared to defend against them The report, called “Shielding the Future: Europe’s Cyber Threat Landscape Report” shares the latest data on how organisations are coping […]
DIGITAL IDENTITY MONTH: Choosing the best solutions for your business
The UK’s ecommerce and financial services sectors are constantly battling fraudsters who exploit vulnerabilities in online transactions. Digital identity verification solutions have become frontline tools in this fight, but with an abundance of providers, choosing the right partner can be daunting. Here are our top tips for anti-fraud professionals to source trusted digital identity verification solutions… 1. Go Beyond […]
Card payments in China to hit $20 trillion
The Chinese card payments market is expected to grow by 3.7% to reach CNY141.1 trillion ($19.9 trillion) in 2024, supported by a constant consumer shift towards non-cash payments. GlobalData’s Payment Cards Analytics reveals that card payments value in China reached CNY136.0 trillion ($19.2 trillion) in 2023, registering a healthy compound annual growth rate (CAGR) of 3.8% during […]
VIDEO: Everything you need to know about the Fraud Prevention Summit
The next Fraud Prevention Summit takes place on November 6th at the Hilton London Canary Wharf – here’s what you can expect to experience as one of our delegates… Meet with innovative solution providers who match your requirements and attend a series of insightful seminar sessions throughout the one-day event. We have an invitation specifically for you, your pass is […]
If you specialise in Fraud Detection Tools 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 July we’ll be focussing on Fraud Detection Tools. 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 Fraud Detection Tools and […]
AI-powered malicious attacks are now a top emerging risk, says study
Concern about artificial intelligence (AI)-enhanced malicious attacks ascended to the top of the Gartner emerging risk rankings in the first quarter of 2024. “The prospect of malicious actions enabled by AI-assisted tools is concerning risk leaders worldwide,” said Gamika Takkar, director, research in the Gartner Risk & Audit Practice. “The relative ease of use and quality of […]
DIGITAL IDENTITY MONTH: The past, present and future of fraud prevention for online brands
The digital landscape has undergone a significant transformation in recent years, with online commerce booming and the need for robust security measures becoming ever more critical. At the forefront of this evolution lies the realm of digital identity verification – the process of confirming a user’s online identity. Let’s delve into the fascinating journey of digital identity verification […]