The Bank of Ireland has recently noted that the majority or more than half of the reported cases of investment fraud have been reported by clients who are aged 65 and older. Bank of Ireland data indicated that these developments were observed during the first… Read More
Read more in: General News, Fintech, Global | Tagged bank of ireland, fraud, insights, investments, scams
This past week, Eurojust announced the results of an international operation that has been credited with dismantling a transnational criminal network, which is said to have been behind one of the largest crypto investment fraud schemes uncovered to date. TRM Labs noted in an extensive… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged crypto crime, eurojust, fraud, insights, scams, TRM Labs
Starling Bank is leveraging AI in order to help customers spot the warning signs of so-called purchase scams. The digital tool, Scam Intelligence, allows clients to upload images of various items as well as ads from various marketplaces, and analyses them for potential signs of… Read More
Read more in: Fintech, Artificial Intelligence | Tagged ai, scams, starling, uk, united kingdom
More than £600 million has reportedly been stolen by fraudsters in first half of 2025. UK Finance releases its half year fraud report, detailing the amount its members reported as stolen through payment fraud and scams in the first half of 2025. Criminals stole £629.3… Read More
Read more in: Fintech, Global | Tagged fraud, research, scams, uk finance
FutureBank, a banking and payments integration platform, announced an international partnership with Regtech company Sumsub, a global verification provider. The latest collaboration should help banking service providers with enhancing their digital transformation strategies and control all identity operations via a unified platform. The partnership brings… Read More
Read more in: Global, Fintech, Regtech & Legaltech | Tagged compliance, fraud, futurebank, regtech, scams, sumsub
According to available data, Regtech firm SlowMist noted that the MistTrack Team received a total of 317 stolen fund reports during the third quarter of this year, which reportedly includes 245 local submissions as well as 72 different international submissions. The team has now provided… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged crypto crime, insights, private keys, scams, seed phrase
Digital bank Revolut has reportedly recorded the highest number of fraud and scam complaints that had been referred to the Financial Ombudsman Service (FOS). Data reviewed by Which? found that fraudulent activity complaints from clients of the digital banking service provider had outnumbered all other… Read More
Read more in: Fintech, Global | Tagged banking, fraud, revolut, scams, uk, united kingdom, which?
In a move against the rise of cyber fraud, Australia’s Westpac Banking Corporation has unveiled innovative tools to fortify customer protections, coinciding with a notable downturn in scam-related losses. Announced on September 26, 2025, the bank’s initiatives underscore a sort of multi-pronged strategy to outpace… Read More
Read more in: Fintech, Artificial Intelligence, Global | Tagged australia, banking, fraud, scams, westpac
Digital assets platform CoinList continues to serve as a conduit linking emerging blockchain projects with early supporters. During the past month, CoinList has unveiled several strategic developments that aim to streamline investments, bolster security, and open new avenues for participation in decentralized networks. These updates… Read More
Read more in: Blockchain & Digital Assets | Tagged coinlist, digital assets, scams
Lloyds Banking Group has released key updates focused on a landscape marked by economic recovery signals and persistent fraud threats. The UK Sector Tracker reveals broadening demand growth across key industries, offering a glimmer of optimism for businesses, while a stark warning on romance scams… Read More
Read more in: Fintech, Global | Tagged economic activity, lloyds bank, scams, uk, united kingdom
The Bank of Ireland has unveiled key updates that reflect its evolving role in nation’s financial services industry. As the nation grapples with economic pressures, sustainability demands, and rising cyber threats, these developments highlight the bank’s proactive stance. From expanding green financing for farmers to… Read More
Read more in: Global, Fintech | Tagged bank of ireland, europe, fraud, insights, scams, sme's
Australia is grappling with a rising tide of scams, and new data from Westpac has pinpointed the nation’s scam hotspots, with Sydney’s Central Business District (CBD) emerging as the most scammed postcode in the country. The findings, based on customer reports to Westpac, highlight that… Read More
Read more in: Fintech, Global | Tagged ausrtralia, fraud, insights, scams, westpac
The Lloyds Banking Group has highlighted critical developments in its efforts to combat fraud and expand its services. The bank has issued stark warnings about a surge in advanced fee job scams and football ticket fraud, while also securing a significant contract to provide banking… Read More
Read more in: Fintech, Global | Tagged consumer protection, fraud, lloyds banking group, scams, uk, united kingdom
As digital transformation accelerates, the sophistication of cyber threats continues to evolve, presenting new challenges for businesses and consumers alike. Jumio, the enabler of AI-powered identity intelligence, has issued a stark warning about the rise of injection attacks, describing them as one of the most… Read More
Read more in: Artificial Intelligence, Global, Regtech & Legaltech | Tagged ai, fraud, injection attacks, jumio, regtech, scams
Digital identity protection app, Truyu, has launched a pilot of a free Gen AI-powered tool to “help Australians figure out if a text message might be a scam.” Anyone using the Truyu app – built by CommBank’s venture scaling arm x15ventures – can now “take a… Read More
Read more in: Fintech, Artificial Intelligence, Global | Tagged australia, commbank, digital technology, fraiud, scams
A recent study by Payments Canada has revealed a surprising twist in the ecosystem of payment security: Canadians are nearly three times more likely to encounter fraud when using cash compared to credit cards. This finding challenges the widespread perception that cash is the safest… Read More
Read more in: Canada, Fintech | Tagged canada, fraud, insights, payments, payments canada, scams
The Federal Trade Commission (FTC) has been actively combating fraudulent schemes that exploit vulnerable consumers, as highlighted by three recent announcements. These updates underscore a troubling rise in impersonation scams, a permanent ban on an e-commerce business opportunity scheme, and refunds for victims of a… Read More
Read more in: Politics, Legal & Regulation | Tagged federal trade commission, fraud, ftc, scams
Visa (NYSE:V), the enabler of digital payments, is fighting back as scammers harness the power of artificial intelligence to target New Zealanders by using AI to combat AI. Launching its latest Security Roadmap for New Zealand, the bold three-year strategy aims to “protect consumers and businesses… Read More
Read more in: Global, Fintech | Tagged fraud, new zealand, scams, visa
Commonwealth Bank of Australia (CommBank) unveiled a new weapon in the fight against scams: a fleet of thousands of AI-powered bot profiles, deployed by Apate.ai – a cyber-intelligence firm and spin-out from Macquarie University. These AI-bots are engineered to engage scammers, gather critical intelligence and… Read More
Read more in: Fintech, Global | Tagged australia, commbank, fraudulent activities, scams
Nu, part of Nubank (NYSE: NU), has received the Fraud Prevention stamp, an initiative coordinated by the National Confederation of Financial Institutions (CNF) in Brazil. Launched in 2024, the certification recognizes “institutions committed to best practices in preventing, combating, and raising awareness of fraud and scams… Read More
Read more in: Fintech, Global | Tagged brazil, fraud prevention, nubank, scams
© 2025 Crowded Media Group. All Rights Reserved.