Category: Financial Crimes

Indue Partners with BioCatch: Fraud detection technology fighting back against financial cybercrime

A new partnership with leading digital security analytics provider BioCatch will integrate behavioural biometrics into Indue’s end-to-end payment solutions, providing customers with increased protection against financial cybercrime.
Behavioural biometrics technology empowers users of online banking to make secure transactions against the rising threats of cybercrime, which cost Australians more than $300 million in 2021.
Indue Chief Risk Officer Jane Hinton said the new partnership with BioCatch will enable Indue to tap into the value of world-leading fraud protection analytics technologies to enhance the safety, security and trust of customer’s online transactions and digital banking. […]

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AusPayNet reminds consumers and merchants to be vigilant online as latest card fraud figures released

Data released today by the industry self-regulatory body Australian Payments Network (AusPayNet) shows a 9.2% rise in fraud on payment card transactions in the 12 months to 30 June 2021 (FY21) alongside an increase in online spending during COVID-19 lockdowns. With total spending on cards rising 5.4% to $847.3 billion during the same period, the […]

Read More… from AusPayNet reminds consumers and merchants to be vigilant online as latest card fraud figures released