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‘We detected unusual activity’: the scam that uses AI to exploit your holiday photos

ai, AI (Artificial Intelligence), Artificial Intelligence, Banks and building societies, Consumer affairs, Europe, Money, Scams, Technology, Travel, UK news, US news, World news

Fraudsters use pictures posted on Instagram or Facebook to create emails seeking bank account detailsYou are on a short break in Porto and post some pictures of your family on Instagram or Facebook. With a small section of the Douro river in the background, you think it could have been taken anywhere.A few days later, […]

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Metro Bank customer fights for £14,000 refund after AI-linked fraud

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Lender was told money was being taken without authorisation, with cash used to buy credits for Claude chatbotA Metro Bank customer has told of his fight to get more than £14,000 back after its systems failed to stop a fraud involving the AI chatbot Claude.Zoli Rutter, a businessman from Sussex, had a total of £14,244 taken

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TikTok and Visa launch debit card to speed payouts to UK creators

ai, AI (Artificial Intelligence), Artificial Intelligence, banking, Banks and building societies, Borrowing & debt, Business, Money, Technology, Technology sector, TikTok, UK news

Creator card is designed for people making money through TikTok Live, some of whom complain of payment delaysTikTok and Visa have launched a debit card for content creators in the UK which they say will allow people to quickly access their earnings from the platform.The creator card is designed for the growing numbers of people

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‘Convincing’ AI scams drove UK fraud cases to record 444,000 last year

ai, AI (Artificial Intelligence), Artificial Intelligence, banking, Banks and building societies, Business, Consumer affairs, Crime, Identity fraud, Money, Scams, Technology, UK news

Criminals using artificial intelligence tools to take over mobile, bank and online shopping accounts, says CifasCriminals are increasingly exploiting AI technology to take over people’s mobile, banking and online shopping accounts, the UK’s leading anti-fraud body has warned.Last year, a record number of scams were reported to the national fraud database, fuelled by AI, which

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Digital wallet fraud: how your bank card can be stolen without it leaving your wallet

ai, AI (Artificial Intelligence), Apple, Artificial Intelligence, banking, Banks and building societies, Business, Consumer affairs, Google, Money, Scams, Technology, UK news

Fraudsters use phishing to steal card details, which fund a spending spree using Apple Pay or Google PayYou get a call from your bank and the informed voice asks to you to confirm the personal details they have on file, which you do. You are then asked whether you bought something at an electrical retailer

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