Fraud Prevention

Fraud follows growth. Every new campaign, market and bonus program expands the surface it feeds on, and when the losses start eating into margins, the first instinct is to do two things at once: launch more campaigns to address the losses and hire more analysts to handle the larger workload. That instinct feeds the problem. …

Licensed payment service providers in the Philippines are discovering that having a fraud management system is no longer optional: it is a condition of continued operation. The Bangko Sentral ng Pilipinas has made this explicit through Circular 1160 and its successor frameworks, including the Anti-Financial Account Scamming Act, and it is now examining institutions against …

Getting a MAS license is not the finish line. For payment service providers (PSPs) and licensed fund managers in Singapore, it is the point at which the compliance obligations become more specific, more testable and more actively examined by the Monetary Authority of Singapore. The Payment Services Act sets out the requirements for licensed PSPs. …

Fintech payment service providers in Indonesia operate under a licensing framework that becomes significantly stricter the moment they seek to expand their payment scope. Bank Indonesia issues PJP licenses across three categories, and moving from category 3 to category 2 triggers mandatory fraud management system, eKYC and AML requirements that must be evidenced, not simply …

76% of US firms experienced payment fraud in 2025, despite most already running some form of transaction monitoring. The technology exists. It’s the configuration that tends to break down. Fintechs feel this more than most. Rules get shipped fast and tuned slowly — the default when fraud teams are lean and transaction velocity is high. …

93% of lenders report credit-loss impact from fraud in 2026, and 61% identified synthetic identity fraud as the fastest-growing threat they face, despite most already running dedicated origination controls. The technology exists —  what’s missing is coverage of the full borrower lifecycle. Most lenders invest heavily in application-stage controls and assume that once a loan …

A legitimate player signs up in under a minute, and so does a fraud ring running 400 accounts off a single device farm. Registration is the one moment you see both before any money moves, yet most iGaming stacks barely look. By the time a bonus abuser triggers a withdrawal alert, you have already paid …

Waiting for a payout alert to investigate mule account fraud means intervening one stage too late. By that point, the account had passed KYC, built a transaction history and, in many cases, changed its registered identity after onboarding, each of which produced signals that went unread. Every mule account follows the same lifecycle: registration, identity …

Financial crime compliance has become one of the most expensive operational commitments in financial services, and one of the least effective. North American financial institutions alone now spend more than $60 billion annually on compliance obligations. Despite that heavy investment, approximately $3.1 trillion in illicit funds circulated through the global financial system in a single …

Most fake candidates do not look fake. They arrive with valid-looking email addresses, phone numbers that pass format checks and employment histories that read as plausible. The problem is not that they look suspicious but that they look exactly like everyone else, which is precisely how they are designed. Fake candidate fraud occurs when individuals …

Most HR tech teams do not begin their fraud-prevention evaluation with a vendor shortlist. They start with a question their existing stack cannot answer: why are fake candidates getting through, and what would actually stop them? That starting point matters because it shapes what you need to evaluate. A fraud prevention buyer at a bank …