Fraud Prevention
Latest news, explainers and analysis on Fraud Prevention. Tracking 3 stories on Arth Vani.
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Latest on Fraud Prevention
BreakingAI to Make Payments Invisible: Trust Emerges as New Currency in Indian Finance
Artificial intelligence is poised to revolutionize payments, shifting them from traditional digital transactions to "delegated commerce" where machines handle payments for consumers. This transformative shift will make trust and real-time controls paramount, becoming essential building blocks for India's evolving financial system.
BreakingVerifone Patents Tech to Detect Tampering in Payment Terminals
Verifone has secured a US patent for advanced security technology that allows payment terminals to continuously monitor themselves for physical tampering, including threats not visible to the human eye. This innovation aims to significantly enhance the security of card and digital transactions, offering an extra layer of protection against fraud.
NatWest Taps Quantum Computing to Fight Financial Fraud and Money Laundering
Global banking major NatWest has joined a specialized quantum innovation programme to enhance security. The bank aims to use advanced quantum technology to identify complex fraud patterns and illicit activities across its massive transaction networks.
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