Fraud Prevention
FBI Seizes $8 Billion in Cryptocurrency, Arrests Hundreds in Global Fraud Crackdown
The FBI announced the seizure of roughly $8 billion in crypto and hundreds of arrests targeting large-scale online fraud networks, including those linked to organized crime groups like the Democratic Karen Benevolent Army (DKBA).
FinTechs Face Rising Digital Fraud as AI-Powered Attacks Surge
The shift to digital financial services is fueling an increase in AI-driven fraud, prompting calls for fintech companies to prioritize security from the start to protect customer trust and adapt to evolving threats.
First Orion and Glia Partner to Secure Branded Calls with Identity-First Authentication
First Orion and Glia have announced a technology partnership integrating call authentication and spoof protection into Glia's banking platform to help financial institutions reduce fraud and enhance customer trust.
IRS Warns AI Is Making Cryptocurrency Fraud More Dangerous
The U.S. Internal Revenue Service Criminal Investigation Division reports that artificial intelligence is increasing the sophistication and effectiveness of cryptocurrency scams, urging heightened awareness and caution.
UGI Utilities Issues Scam Alert as Fraudulent Payment Schemes Target Customers
UGI Utilities warns customers about increasing scams where fraudsters demand fees for service activation, resulting in significant financial losses.
OTR Solutions and LoadConnect Launch Integrated Fraud Protection for Freight Carriers
OTR Solutions and LoadConnect have partnered to integrate real-time credit verification and fraud prevention directly into carrier dispatch workflows, addressing the growing threat of freight fraud that costs carriers millions annually.
NAD Logistics Achieves Zero Fraud Incidents Through Highway Partnership
NAD Logistics has eliminated fraud and streamlined carrier onboarding through its partnership with Highway, demonstrating significant operational improvements in the competitive logistics industry.
UGI Intensifies Campaign Against Utility Scammers Targeting Customers Through Fraudulent Ads
UGI Utilities is expanding efforts to combat scammers using deceptive online ads and phone numbers to trick utility customers into paying for non-existent services, highlighting the importance of using verified contact information.
UK Minister Endorses AI Anti-Scam Tool as Quantum Computing Advances Drive Security Innovation
A new artificial intelligence feature designed to help shoppers identify online scams has received praise from the UK's fraud minister, highlighting how quantum computing advancements are enabling more sophisticated consumer protection tools.
Freight Fraud Shifts to Direct Thefts as Identity Attacks Intensify in Q3 2025
Highway's Q3 2025 Freight Fraud Index reveals a significant shift toward direct thefts as the primary fraud vector, with identity-driven attacks continuing to threaten brokers and carriers despite overall theft volumes slightly decreasing.
G2 Risk Solutions Expands Global Reach with EverC Acquisition
G2 Risk Solutions has completed its acquisition of EverC, combining AI-powered risk solutions to strengthen fraud protection for global banks, merchant acquirers and online marketplaces amid escalating e-commerce threats.
UK Government Recovers $670 Million Using AI Fraud Detection System
The UK government has recovered nearly $670 million in fraudulent payments over the past year using an AI detection system, demonstrating how artificial intelligence is transforming public sector financial management and fraud prevention.
UGI Utilities Warns Customers of Escalating Scam Attempts Targeting Service Payments
UGI Utilities alerts customers about sophisticated scamming tactics using fraudulent online ads and phone numbers to deceive them into paying for free services.
Vouched CEO Outlines AI-Powered Identity Verification Strategy and KYA Innovation
Vouched CEO Peter Horadan discusses how the company's AI-driven identity verification technology addresses critical fraud prevention and compliance needs across healthcare and financial services while pioneering Know Your Agent (KYA) for digital transactions involving AI entities.
Anthropic Report Details AI Model Misuse in Cybercrime and Fraud Prevention Measures
Anthropic's new threat intelligence report reveals how its Claude AI models have been targeted for large-scale fraud and cybercrime, highlighting the growing security challenges facing AI developers and the measures being implemented to counter these threats.
Highway Launches Trusted Freight Exchange to Combat Fraud in Digital Freight Market
Highway's Trusted Freight Exchange introduces identity-verified transactions to address fraud and inefficiency in freight brokerage, creating a secure digital marketplace for carriers and brokers.
Escrow.com and Marketplace.Live Partner to Enhance Payment Security for High-Value E-commerce Transactions
The integration of Escrow.com's payment protection tool with Marketplace.Live provides enhanced security for high-value transactions, addressing fraud risks and expanding business opportunities for Shopify merchants.
USPTO's Crackdown on Fraudulent Trademark Filings Strengthens Intellectual Property Rights
The USPTO's removal of over 52,000 fraudulent trademark filings marks a pivotal step in protecting intellectual property rights and ensuring a transparent marketplace.
Combating Medicare Fraud: A Call to Action for Beneficiaries
The article highlights the importance of vigilance among Medicare beneficiaries to prevent fraud, which costs taxpayers billions annually and threatens personal medical records.
Microblink Strengthens Leadership with Appointment of Radu Tudoran as Vice President of Engineering
Microblink enhances its engineering leadership with the appointment of Radu Tudoran, aiming to bolster its fraud and identity verification solutions amidst growing global demand.