Articles
Stablecoins Are Redefining Identity Requirements for Global Money Movement
Introduction Fraud is accelerating in both scale and sophistication, creating friction for consumers, operational strain for businesses, and significant financial losses across industries. As technology evolves and payment flows move faster, many organizations are struggling to keep pace with new attack vectors and shifting regulatory expectations. To fully understand these risks, Prove...
Entering the Era of Non-Human Consumers
Fraud teams have spent decades refining how they evaluate risk. The process usually begins with a familiar premise. A person initiates an action, and a system determines whether that person can be trusted. That premise is gone. Across technology roadmaps from companies such as OpenAI, Google, and Microsoft, a new model of...
Agentic AI, Synthetic Consumers, and Trust Dilution
An Era of Quiet Complexity The days when fraud revealed itself through noisy spikes and easily recognized breaches are receding. Today’s fraud landscape is defined by interactions that look “normal,” that blend into the fabric of commerce and engagement, and that do not announce themselves through outliers alone. Synthetic consumers are an...
The Power of the Consortium in Financial Crime Management
Tim Light on What’s Next in a Big Data-Driven Future In the last decade, consortium data has become the cornerstone of financial crime prevention. Large high-quality datasets are now essential for our industry to confront and stem the $3.1 trillion scourge of illicit activity threatening the global financial system. Information is fundamental...
How PSECU Trains Every Employee to Stop Fraud Before It Happens
A member walked into one of our PSECU branches asking to withdraw a large sum of cash. She needed it to pay a contractor, she explained. Our teller started asking follow-up questions. What kind of work was the contractor doing? What’s the contractor’s name? The member became evasive, then defensive. The teller...
Funding Investment, Acquisitions & IPO’s – Q4 2025
Q4 has wrapped up! It’s time for our quarterly investment update. Explore the latest funding rounds and acquisitions in the world of fraud and risk mitigation! Funding Feedzai $75M Funding Feedzai has secured a $75 million investment, boosting its valuation to over $2 billion. The round included participation from Lince Capital, Iberis...
How do you build an EFM program?
Introduction We’ll start by answering these simple questions: Is your existing fraud management program a fragmented mess? Is your head on fire because of escalating fraud rates and losses? Are you at risk of losing your payment partners and processors? Are you facing the challenge of dealing with fraud for a new...
How Banks Can Empower Customers to Fight Back Against Fraudsters
Scams are no longer just a security issue. They’re also a psychological one. Social manipulation now drives the majority of fraud losses globally. In 2024, Europe saw a 156% increase in cases, while the U.S. recorded its highest-ever annual fraud losses. Today, scams account for more than 70% of total fraud losses...
Funding Investment, Acquisitions & IPO’s – Q3 2025
Q3 has wrapped up! It’s time for our quarterly investment update. Explore the latest funding rounds and acquisitions in the world of fraud and risk mitigation! Funding Descope Descope has announced the extension and closing of its seed round with an additional US $35 million in new funding, bringing its total funding...