Beyond everyday digital transactions lies a fight against fraud unseen by users. Teams of compliance professionals at fintech companies in Nigeria, like those at VitalSwap, are battling sophisticated […]
MEXC’s AI Anti-Fraud Model Cuts Criminal Activity by Over a Third
As cybercrime in the cryptocurrency market becomes increasingly sophisticated and global, exchanges are turning to artificial intelligence (AI) for protection. MEXC’s latest Q3 2025 Risk Control Performance Review […]
Binance Bans 600 Accounts Over Bot Trading to Enhance Platform Fairness
Binance has taken action against over 600 accounts suspected of engaging in bot trading for fraudulent activities on its platform, Alpha, aiming to prevent market manipulation and maintain […]
ECB Selects Feedzai for Digital Euro Fraud Prevention Program
The European Central Bank (ECB) has selected Portuguese artificial intelligence company Feedzai to develop fraud prevention systems for its planned digital euro. This strategic move marks a significant […]
Sumsub Tackles AI-Driven Fraud in Finance & Trading: Key Insights from Forex Expo Dubai 2025
Artem Popov, Technical Product Manager at Sumsub, sheds light on the evolving threat landscape for trading and financial firms. In an exclusive interview ahead of Forex Expo Dubai […]
XRP Firewall Development Aims to Combat Fraudulent Activity on the XRPL
A growing initiative within the XRP community is focusing on developing a comprehensive defense system known as the ‘XRP firewall’ to combat scams and fraudulent activity on the […]
Nigeria Launches Portal for Real Estate Fraud Reporting and Tracking
The Federal Government of Nigeria has launched a new web-based portal to combat fraud within the real estate industry. This initiative provides citizens with a platform to report […]
MEXC’s Innovative Security Strategy: A Paradigm Shift in Crypto Fraud Prevention
The cryptocurrency industry has traditionally struggled with combating fraud, viewing it as an inevitable challenge rather than a solvable problem. This reactive approach, however, has resulted in billions […]
MEXC Reports Dramatic 62% Reduction in Crypto Fraud
Global cryptocurrency exchange MEXC has achieved a significant reduction in fraudulent activities, reporting a remarkable 62% decrease from July and August of 2025. The company attributes this success […]
Australia Tightens Grip on Online Scams, Targets Crypto Fraud
Australia’s financial watchdog, the Australian Securities and Investments Commission (ASIC), is stepping up its efforts to combat online scams after dismantling over 14,000 fraudulent websites since July 2023. […]
US Tightens Crypto ATM Regulations to Combat Senior Fraud
The U.S. government is taking action against fraudulent activity involving cryptocurrency ATMs, introducing stricter rules in 2025 to curb losses targeting seniors. This move stems from a rise […]
U.S. Tightens Rules on Crypto ATMs Amidst Fraud Surge
The digital currency landscape is constantly evolving, presenting both opportunities and challenges. Recent regulatory actions in the U.S., prompted by a surge in crypto ATM fraud, highlight the […]
Wisconsin Senate Takes Action on Crypto ATM Fraud Prevention
Facing a rise in cryptocurrency-related scams targeting ATMs, the Wisconsin Senate is reviewing a new bill aimed at curbing these fraudulent practices. The bill, introduced by Representatives Rob […]
UK Insolvency Service Hires Dedicated Crypto Expert for Enhanced Fraud Prevention
The UK Insolvency Service has taken a significant step in addressing the growing integration of cryptocurrencies into financial systems, specifically those impacted by bankruptcy and crime. They have […]
Identigo Launches in Lagos to Combat Fraud with Innovative Verification Platform
Identigo, a cutting-edge identity verification platform, has officially launched operations in Nigeria to combat the escalating threat of fraud and security risks. The company’s launch in Lagos marks […]