The Fintech Times

FEBRUARY 14, 2025

” In one instance, AU10TIX detected a single mega attack spanning four geographies (APAC, EMEA, LATAM, NA) and three industries (payments, crypto, social media). Fraud trends in 2024 AU10TIX revealed that APAC led the pack as the epicentre of 2024s mega attacks, taking 88 per cent of the overall share.

Deepfake 78

Deepfake APACS Law Enforcement Fraud Detection 78

The Fintech Times

FEBRUARY 17, 2025

Plus, we dive into cybersecurity challenges, proactive AI governance, and the evolving risks of AI-driven scams. Across different regions – from Europe and the US to APAC and LATAM – banks are tweaking their AI strategies to their unique market conditions. Happy reading! These are the challenges that cant be ignored.

FinTech 59

FinTech Romance Scams Scams AI 59

Fintech Finance

OCTOBER 21, 2024

. “The rise in fraud, such as scams and account takeovers, is a growing concern for everyone. Our solutions can accurately detect suspicious transactions without disrupting customer service,” added Tat Wee Koh, NetGuardians’ APAC Sales Director.

Fraud Prevention 98

Fraud Prevention Account Takeovers APACS Scams 98

Fintech News

FEBRUARY 21, 2024

Decline in Scamming and Hacking One of the most notable trends in 2023 was the significant reduction in the volume of crypto assets associated with illicit activities, which plummeted to US$24.2 However, the decrease in scamming and theft does not tell the whole story. billion (SG$ 32.51

Crime 109

Crime Ransomware Scams Romance Scams 109

FICO

SEPTEMBER 5, 2022

European Card Fraud in 2021: Winners, Losers and Scams. The United Kingdom and the Nordic region continue to lead Europe in terms of digital transformation and fraud loss reduction - but non-card scams are rising fast. Senior Consultant, Fraud and Financial Crime. UK Posts Largest Reduction in Fraud Losses.

Scams 52

Scams Financial Crimes Credit Cards Push-to-Card 52

The Fintech Times

SEPTEMBER 11, 2024

This rise highlights growing concerns about the ability of social media platforms to detect and combat organised fraud, particularly as bots become more sophisticated. AI-powered fraud-as-a-service (FaaS) platforms have enabled these mass-scale attacks, contributing to APAC now holding the highest global fraud rate, with 3.27

Bots 59

Bots Deepfake Automation APACS 59

BioCatch

JULY 16, 2024

In our recent Digital Banking Fraud Trends in APAC report, we focused on the fraud trends we’re seeing throughout the region and highlighted how scams are increasing practically everywhere.

APACS 52

APACS Scams Fraud Detection Fraud Prevention 52