Fraud detection stories

Oct 14, 2026

Google DeepMind and GovTech Singapore deploy on-device AI scam detection system

Google DeepMind and Singapore's Government Technology Agency have unveiled a privacy-preserving scam detection system that runs entirely on users' smartphones, using a fine-tuned Gemma model to analyze suspicious messages in real time without sending data to the cloud. The system alerts Android users to potential scam attempts while keeping all message analysis on-device.

Oct 14, 20265 sources

Aug 3, 2026

Visa acquires fraud-prevention firm BioCatch for $2.4 billion

Visa struck a deal to purchase BioCatch, which uses artificial intelligence to detect fraud, for $2.4 billion in cash from funds advised by Permira and other shareholders.

Aug 3, 20262 sources