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 […]
Solve your biggest fraud challenges with Celebrus. Say hello @ Fraud Prevention Summit! 🚀
Are you tired of reacting to fraud after it happens? You’re not alone. Many businesses struggle with outdated fraud prevention methods that are slow and ineffective. In a time where every second counts, the importance of instant, accurate, and proactive fraud prevention is crucial. Celebrus is your missing link for real-time identity resolution, behavioural context, and […]
Holiday shopping chargebacks: How retailers can prepare
By JonCarlo Hernandez, Digital Marketing Manager at Jusst The holiday shopping season brings both opportunities and challenges for merchants. While sales surge, so does the risk of fraud and chargebacks. With e-commerce reaching new heights – $222.1 billion in online sales from Nov. 1 to Dec. 31, 2023, up 4.9% year-over-year – retailers must prepare for the […]
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 […]
AI MONTH: A buyers guide for AI-powered anti-fraud solutions
As fraudsters become increasingly sophisticated, senior anti-fraud professionals in the UK’s e-commerce and banking sectors must leverage advanced technologies to stay ahead. AI-powered solutions offer powerful capabilities for detecting and preventing fraud. Here are key considerations when selecting a provider, based on delegate priorities at the Fraud Prevention Summit… Understanding Your Organisation’s Needs Key Considerations for Supplier Selection […]
