Fraud Prevention

WorkFusion Raises $45 Million to Scale Agentic AI in Financial Crime Compliance

WorkFusion Raises $45 Million to Scale Agentic AI in Financial Crime Compliance
WorkFusion Raises $45 Million to Scale Agentic AI in Financial Crime Compliance
September 16, 2025  |  Investments

WorkFusion has secured $45 million in new funding to expand its artificial intelligence (AI)-driven approach to financial crime compliance, the company announced Tuesday (Sept. 16). The...

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FCA Cautions Against Rise of Impersonation Scams
FCA Cautions Against Rise of Impersonation Scams
August 27, 2025  |  Fraud Prevention

England’s financial watchdog wants residents to be wary of fraudsters impersonating the agency. The Financial Conduct Authority (FCA) said Wednesday (Aug. 27) that it had...

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Fraudsters Share Playbooks, So Why Won’t Banks Share Data?
Fraudsters Share Playbooks, So Why Won’t Banks Share Data?
August 27, 2025  |  Data & Research

Watch more: Entersekt Warns Banks Can’t Beat Crime With Old Data Alone In the battle against financial crime, data is both the sword and the...

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When Partners Become Cybersecurity Risks
When Partners Become Cybersecurity Risks
August 27, 2025  |  Cybersecurity

When the British retailer Marks & Spencer (M&S) disclosed last year that a supplier breach had unleashed a ransomware attack, it was the kind of...

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Scammers Employ AI to Build Fake Versions of Real Websites
Scammers Employ AI to Build Fake Versions of Real Websites
August 20, 2025  |  Artificial Intelligence

Cybercriminals reportedly have a new tool to trick consumers: convincing fakes of real websites. That’s according to a Wednesday (Aug. 20) report by The Wall...

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CommBank Adds AI-Powered Scam Detection Tool to Identity Protection App
CommBank Adds AI-Powered Scam Detection Tool to Identity Protection App
August 11, 2025  |  Fraud Prevention

Australian bank CommBank is adding two new defensive assets designed to help protect its customers from fraud, scams, financial crime and cyber threats. The launch...

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CrowdStrike Releases AI-Powered Detection to Catch Subtle Cyber Threats
CrowdStrike Releases AI-Powered Detection to Catch Subtle Cyber Threats
August 07, 2025  |  Cybersecurity

Cybersecurity firm CrowdStrike is widely releasing a new artificial intelligence (AI)-powered detection system designed to uncover early-stage cyber threats that it said traditional tools often...

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Mastercard Targets ‘Fast Fraud’ With A2A Protect Launch
Mastercard Targets ‘Fast Fraud’ With A2A Protect Launch
July 28, 2025  |  Payment Methods

Mastercard has launched a service designed to protect account-to-account (A2A) payments against fraud. Mastercard A2A Protect, announced Monday and launching first in the U.K., is...

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