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🎒Scammers don't take summer break! As school starts, they target parents, students, and teachers. Stay tuned for weekly #HallPassToSafety# tips to protect your #SocialSecurity# info. #SlamTheScam# #BackToSchool# #FraudPrevention#
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On #InternationalDayOfCharity#, give generously but verify charities. Beware scammers using pressure or emotional stories. Never share your SSN. Report scams to SSA OIG at #ScamAwareness# #SocialSecurity# #FraudPrevention#
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🏆 Industry Awards — 98.5% cost cut per loan approval! The intelligent anti-fraud system jointly developed by China Everbright Bank & Tencent Cloud won @TheAsianBanker 2026 Best Risk Data and Analytics Technology Initiative in Asia Pacific. An AI-powered anti-fraud system with real-time decisioning across retail lending — delivering great precision, efficiency, and scalability throughout the credit approval process. ✅ Precision: 3x+ risk control precision, over 50M customers approved to date ⚡ Speed: Seconds-level approval, down from days via automated decisioning 🔒 Scale: More than 600 anti-fraud indicators covering 30+ credit products 🌐 Impact: Over 10,000 high-risk applications blocked per year — hundreds of millions in fraud losses prevented Overall efficiency improved by more than 100x, while loan approval cost per application was reduced by 98.5% 🔗 Click here to explore more innovation: #TencentCloud# #TencentCloudRiskSolutions# #TABGlobal# #FinTech# #FraudPrevention# #RiskManagement# #DigitalBanking# #AIInFinance#
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The regulatory framing on fraud is shifting under most institutions' feet. Omri David, Senior Product Manager for Fraud Prevention at Hypernative, fielded a Q&A question on this during our recent onchain fraud prevention webinar. 🔹 MiCA in Europe carries explicit duty-of-care and operational resilience provisions. 🔹 The UK's authorized push payment fraud reimbursement rules are setting a precedent likely to extend to crypto. 🔹 FinCEN's actions against Huione signal the same direction in the US. Pre-transaction fraud screening is not yet universally mandated, but regulators are increasingly treating the failure to prevent fraud flows as a compliance failure rather than a user protection issue. We discussed this and much more in our recent webinar on fraud prevention. Watch the full session on demand:
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Crypto moves fast, and thieves rely on that after stealing a phone. But every transaction also leaves a trail. When stolen funds are reported, our Anti-Fraud and Transaction Monitoring teams trace where they go, block related wallets where possible, and look for links to other cases. What they find feeds back into our fraud-prevention controls. Our release explains how it works and what to do if your phone is stolen:
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🚨 LATEST: Coinbase CEO Brian Armstrong says the exchange fine-tuned the open-weight Qwen3.5-9B model on internal data, beating frontier models at fraud prevention for a fraction of the cost.
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I have been obsessed with closed payment loops for a LONG time, and have been looking to find a company trying to solve a real problem.. excited to finally back Piston (piston dot com) ⛽️ USA alone spends hundreds of billions in fuel. Most of that spend comes through cards (credit, fuel, or sometime house cards). However, a lot of these cards are not even tied to a particular driver. They often get stolen, skimmed, or misused. The fleet owner then has to eat the fraud and then spend a long time reconciling what exactly happened. The gas station has to pay interchange fees to accept the card, but has no relationship with the fleets on the other side. And a lot of companies have come and gone trying to optimize this infrastructure rather than thinking about it from the very beginning. You really can't fix this issue by JUST building a better fuel card. The card is the problem, and so Piston decided to get rid of it. It moves the payment over its own rails without networks or any intermediaries. Piston pays the station and then invoices the fleet. Every transaction is tied to a specific driver with the time, location, and fuel type attached, and soon it'll be integrated with the vehicle itself. The founders faced this problem themselves. @vik_sekhon runs his own fleet of trucks, and his fleet lost real money to fuel fraud. @Shivam2291 used to recruit thousands of drivers before the two of them got together to help build Piston. The best signal for how effective Piston is for fleets is the moment they switch over to Piston, they see their fuel spend automatically go down. I have seen so many charts and customer quotes that show this directly. Customer love shows in the metrics. Payment volume has grown 8x and merchant network has grown 40x while retention has stayed above 98%. Piston is now live across 2,000 stations and across 48 states. Fleets pay nothing for it today and they get fraud prevention, which is what a card-based system cannot offer. Gas stations get direct access to fleets to help build loyalty and offer adjacent products. To increase their reach, Piston is now directly integrated with POS of the majority of gas stations in America. This allows them to turn on hundreds of gas stations at once, secure supply and hence fulfill their already burgeoning demand. Thrilled to be leading their Series A and joining the board, along with existing investors @sparkcapital & @pearvc. Special thanks to @arpans who introduced me to this team last year!
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We've investigated a few messages about codex usage limits being different. That's not something we change without engaging the community and being transparent. What we did see is that when talking to affected users many were using sub2api. Converting a subscription into api traffic to then re-serve or share across many users is not something we support and this type of usage gets flagged by our fraud-prevention systems. You are completely fine if you use your subscription through Sign in With ChatGPT, either through the official clients or through one of the many OSS clients (Pi, OpenCode, ...) that support signing in with your account and using your included usage.
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