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One in five Canadian businesses experienced payment fraud in the past six months

Canadian businesses have a higher rate of payment fraud (20 per cent) compared to Canadian consumers (13 per cent), reveals new Payments Canada study.

/security

Copilot Capital makes majority investment in SecureFlag

Copilot Capital, a new private equity firm backing the next generation of European software champions, has made a majority investment in SecureFlag, an innovative software company on a mission to shape the future of cybersecurity training.

/security

A Paradigm Shift in Cybersecurity – Blackwired Launches ThirdWatch

Blackwired proudly announces the launch of ThirdWatch, a groundbreaking solution designed to transform the way organizations combat cyber adversaries.

/security

CommBank and Telstra expand ‘Scam Indicator’ technology to cover landlines

CommBank and Telstra today announced their anti-scam technology Scam Indicator has been expanded to cover landlines, to help detect suspicious calls in real-time, helping to avoid money being lost to scammers.

/security

Banking Trojan hunter Cleafy expands to the UK

Invisible threats lurk beneath every financial interaction. Milan-based Cleafy has officially launched its UK entity, marking a significant milestone in its global mission to combat digital banking fraud.

/security

CPI Card Group partners with Rippleshot for AI-driven fraud protection

CPI Card Group Inc. (Nasdaq: PMTS), a payment technology company providing a range of credit, debit and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, is excited to announce a strategic relationship with Rippleshot to provide its fraud prevention services to CPI customers.

/security

Westpac extends payee verification to institutional and government clients

In a move to help reduce scam losses and make Australia a harder place for scammers to operate, Westpac is extending its payee verification solution to institutional and government clients.

/security

Idex Pay biometric card certificated by Visa

IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS biometric payment application.

/security

Alogent taps Mitek to tackle epidemic of check fraud

Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity and fraud prevention, announces the expansion of their partnership with Alogent.

/security

NBK unveils payment verification service in mobile app

In keeping with its constant dedication to providing cutting-edge services to its customers, National Bank of Kuwait (NBK) announced introducing a new service that allows customers to confirm payment transactions online through the NBK Mobile Banking App, making itself as the first provider of this service in Kuwait.

/security

Majority of Canadians alter payment habits due to fraud concerns

More than one in 10 Canadians have experienced payment fraud in the past six months, indicating similar year-over-year patterns (13 per cent in 2024 compared to 14 per cent in 2023), according to a new study from Payments Canada.

/security

Binance teams with Macau Judiciary Police on new anti-scam campaign

Committed to collaboratively advancing the crypto ecosystem’s security, Binance is working closely with law enforcement agencies around the globe in combating and deterring financial crime.

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