42% of Issuers Say AI Has Cut Fraud Losses by at Least $5 Million

UK payment fraud rises 4% to £1.28bn as banking body blames tech platforms for profiting from scams

UK Finance reports a 4% rise in payment fraud theft to £1.28bn in the UK last year, calling it a national security threat accelerated by AI.

UK payment fraud hits £1.28 billion in 2025 as online scams drive losses

Brits lost £1.28 billion ($1.7 billion) to payment fraud in 2025, a 4% increase from the previous year, according to UK Finance. Two-thirds

UK fraud cases surpass four million as criminals use AI to target victims

Fraud cases in the UK have surged past four million in 2025, with criminals increasingly using AI to manipulate victims and even marrying ro

Chainalysis Reports $36.7M in DeFi Losses from Unverified Smart Contracts, Warns of AI-Assisted Attacks

Chainalysis reports that attackers are increasingly targeting DeFi protocols with unverified (non-public) smart contracts, causing at least

Report: 40% of U.S. Workers Used AI to Create Fake Expense Receipts

A new report from Emburse reveals that 40% of U.S.-based employees have used AI to generate fake receipts for business expense fraud. Of tho

Report: 40% of U.S. Workers Used AI to Create Fake Expense Receipts

A new report from Emburse reveals that 40% of U.S.-based employees have used AI to generate fake receipts for business expense fraud. Of tho

AI for AML Investigation: Automating Money Trail Analysis