AI Fraud Prevention: How to reduce false positives without increasing risk
Blocking fraudulent transactions is an obvious measure of fraud-prevention performance. Blocking legitimate customers is another matter. As explored in our earlier AI Fraud Detection Software: What Fraud Teams Should Compare buyer’s guide, effective fraud detection increasingly combines rules, machine learning, contextual intelligence and human expertise to identify suspicious activity. Once those systems are operational, however, fraud teams […]
AI security market set for rapid growth as autonomous agents create new fraud risks
Global spending on securing AI systems is forecast to reach almost $4.8 billion in 2027 as businesses confront emerging vulnerabilities associated with AI applications and autonomous agents, according to Gartner. The analyst predicts the market will grow 68.7% from $2.84 billion in 2026 to $4.78 billion next year, before reaching almost $7.7 billion in 2028. […]
Fraud Detection with Machine Learning: How AI helps prevent fraud
Fraud detection has always depended on identifying signals that something isn’t quite right. What has changed is the volume of information businesses can analyse, and the speed at which suspicious behaviour can now be identified. Traditional fraud controls typically rely heavily on predefined rules: block a transaction above a particular value, challenge a login from […]
September 2026 is AI for Fraud Prevention Month on Briefing – Make sure your solutions are part of the story!
Each month on Fraud Prevention Briefing we’re shining the spotlight on a different part of the market – and in September we’ll be focusing on AI 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 AI for Fraud […]
FCA expands AI sandbox to accelerate fraud prevention innovation
Financial services firms developing AI-driven fraud prevention technologies will gain access to Anthropic’s AI models as part of the latest expansion of the Financial Conduct Authority’s (FCA) Supercharged Sandbox programme. The regulator has announced that Anthropic will support the second cohort of the initiative, providing participants with access to its Claude AI platform, including Claude […]
AI-powered age verification promises stronger fraud prevention at self-checkout
Retailers could significantly strengthen fraud prevention while improving the customer experience at self-checkout following the launch of a new AI-powered age verification solution from Scandit. The company’s new Age Verified Self-Checkout platform automates age verification for restricted purchases such as alcohol, tobacco and medication, reducing the need for staff intervention while helping detect fraudulent use […]
Merchant fraud teams urged to adopt risk-based AI governance as FCA sharpens focus on financial services
Merchant fraud and risk leaders should adopt a more proportionate approach to AI governance as regulators increase scrutiny of artificial intelligence in financial services, according to an AI specialist responding to the Financial Conduct Authority’s latest review of emerging technologies. The FCA’s recent review highlights how AI has the potential to transform financial services while […]
Industry initiative highlights growing merchant readiness gap in agentic commerce
A new industry resource has been launched to help merchants, payment providers and fraud leaders address emerging trust and risk challenges as AI agents become increasingly involved in online purchasing decisions. Ballerine, an agentic merchant risk and compliance platform, has unveiled Agenticom.org, a research and collaboration hub focused on the rapidly evolving field of agentic […]
AI shopping assistants create new fraud and liability risks for retailers, experts warn
Merchant fraud prevention leaders are being urged to strengthen oversight and governance around AI shopping assistants as concerns grow over unauthorised transactions, liability disputes and consumer trust. New research from Exploding Topics by Semrush found that while 78% of consumers have used AI to support shopping decisions in the past six months, only one in […]
OPINION: Retailers risk eroding consumer trust by rushing into AI integration
New data from Exploding Topics by Semrush reveals the vast majority (78%)of consumers have used AI to shop in the last 6 months, but only 1 in 3 would actually trust AI to spend for them. While AI shopping assistants are already transforming retail – already becoming embedded by corporate giants like Amazon’s ‘Rufus’ and Walmart’s ‘Sparky’ assistants […]