fraud - News, Features, and Slideshows

News

• 'Never think you can’t be a victim of fraud'

  As Money Week kicks off, Matt Spehr of Western Union Business Solutions shares some thoughts on how SMEs can keep their businesses protected from criminal activity

• What do you do after a data breach?

  A hacker has stolen the personal information of over 100 million people from Capital One Financial Corp in the latest high-profile breach of sensitive consumer data.

• AI for fraud detection to triple by 2021

  Advanced analytics and biometrics fast becoming central to anti-fraud programmes, according to a new global survey

• Visa says its AI prevents US$25 Billion in fraud a year

  ​In 1993, Visa became the first payments network to apply neural networks to calculate, in real-time, the ‘riskiness’ of a transaction.

• Blockchain used to authenticate exported mānuka honey from NZ

  TrackBack works with AsureQuality, NZ Post and The True Honey Co. to verify provenance and quality of Kiwi-made products

• The rise of CraaS, ‘Crap idea as a Service’

  Just because something is new doesn’t mean it is useful. Here are some pointers to find out if what you’re being offered is just a glittering pile of bad ideas

• We are moving towards the ‘AI of everything’

  ...and if AI can solve problems faster than humans, does this mean ‘game over for us?’ SAS COO and CTO Oliver Schabenberger explores the impact and boundaries of the technology

• 7 international banks agree to launch digital trade finance network

  The network, which includes ANZ Bank, is expected to be operational by the third quarter of next year

• Wanted: A real conversation about blockchain

  Blockchain is so much more than cryptocurrency. That’s where it started but a shift in the conversation is needed so people can understand its enormous potential, writes Justin Flitter of NewZealand.ai

• BNZ partners with IBM for cross-channel fraud prevention

  IBM Safer Payments will use machine learning and artificial intelligence to analyse behaviour and fraud patterns, build and adapt models of emerging fraud threats, and recommend countermeasure responses.

• When AI is used for evil

  Don’t assume only the good guys will be using these tools, reports Forrester.

• Tupperware, bitcoin and the rise of the 'blue markets'

  Tupperware doesn’t seem like the place to start a discussion about information security but in the age of 'always on' retailing, they provide the perfect example for when we talk about the emergence of new generation, low technology, social retail or blue markets.

• Bank of New Zealand joins Intel early adopter scheme for innovative AI in finance

  This bleeding edge technology will enable us to understand our customers far better than we ever have before and help them make smarter decisions, says David Bullock, director of products and technology at BNZ.

• Identity theft and card fraught top Kiwis’ security concerns

  ​Unisys has released the latest edition of the Unisys Security Index saying, perhaps unsurprisingly, that New Zealanders’ concern about security issues is the highest it has been since the index was initiated in 2006.

• Fuji Xerox NZ ‘accounting irregularities’ blow out to $NZ472m

  The leader of New Zealand First, Winston Peters, has accused the Government of turning a blind eye to allegations of accounting fraud at Fuji Xerox NZ.