fraud prevention

Fraud prevention is the practice of detecting, stopping, and mitigating fraudulent activities, such as identity theft and financial scams, often using technology like AI to analyze patterns and protect systems and users.

Why it’s in the news: It is in the news due to its increasing application across various sectors, including fintech and non-financial industries, and the emergence of new methods like AI-based detection systems that criminals are actively trying to exploit.

Latest on fraud prevention

• NextGen FinCrime 2026: How non-financial sectors can replicate banks’ success in fraud prevention
• The next phase of fraud prevention in India’s fintech ecosystem
• Tru Cooperative Bank selects DataVisor for fraud prevention
• NextGen Nordics to reveal data on innovation divide, AI integration and fraud prevention readiness
• An AI system trained to detect fraud patterns is being packaged with a human face and feminine voice, which creates a false anchor of trustworthiness that criminals will immediately exploit
• 5 % Global Revenue Lost to Fraud : 200+ Leaders Gather at FraudCon 2026 as ACFE India Drives Enterprise Anti - Fraud Push

Connections

3 entities linked to fraud prevention across the news graph.