Photo-editing software maker Adobe unveiled a slew of new AI-powered tools and features last week at its annual Max event, including a dress that transforms into a wearable screen and streamlined ways to delete elements from photos.

Mastercard says it is helping banks to stop payment scams in their tracks, before funds leave a victim’s account. The payments provider said that in partnership with UK banks including Lloyds Bank, Halifax, Bank of Scotland, NatWest, Monzo and TSB, it is using payments data to help identify payment scams. Mastercard’s new tool helps banks to get an instant rating that shows the risk of a payment being made to a fraudulent account. This is based on factors such as account activity and the relationship between the payer and payee. Ajay Bhalla, president of cyber and intelligence at Mastercard, said: “We are helping banks identify and predict which payments are being made to fraudsters and stop them in real-time.” Spotting fraudulent payments among millions made every day is like finding a needle in a haystack Paul Davis, TSB Over four months, TSB said that Mastercard’s tool has increased its fraud detection. Paul Davis, director of fraud prevention at TSB, said: “Spotting fraudulent payments among millions made every day is like finding a needle in a haystack, with scams becoming ever more complex – so prevention and monitoring tools are key. “Our partnership with Mastercard is providing the intelligence needed to identify fraudulent accounts and prevent payments ever reaching them.” The Financial Ombudsman Service recently said it is seeing a higher proportion of complex scam complaints, with some involving investments or cryptocurrency. It is seeing increasing numbers of complaints which contain the features of more than one scam. For example, someone may be duped by a romance scammer who then persuades them to invest in cryptocurrency schemes which do not exist. Or someone may attempt to pay for goods which do not exist and then receive a phone call from a scammer impersonating their bank who persuades them to make multiple payments by claiming their payment attempts have been unsuccessful. Many banks are currently signed up to a voluntary reimbursement code in cases where blameless scam victims transfer money to a fraudster, but there have been concerns about this not always being applied consistently. TSB has its own fraud refund guarantee. Plans are under way to make reimbursement mandatory. The Payment Systems Regulator (PSR) has said new rules compelling banks to reimburse scam victims who have been tricked into paying fraudsters will come into force next year. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Art historian helps build new Assassin’s Creed game after son’s suggestion Twitter to stop TweetDeck access for unverified users Broadband customers plagued by issues despite inflation-busting price hikes

Binance said on Friday it will be joining other prominent crypto businesses in "proactively withdrawing" from the Canadian

CHESTERBROOK, Pa.--(BUSINESS WIRE)--Aug 8, 2023--

The streamer and social media influencer Kai Cenat is at the centre of mayhem that erupted in New York City's Union Square on Friday after he announced that he would be giving away Playstation 5 consoles. Cenat and fellow streamer Fanum had teased the giveaway to their millions of followers on Instagram, that it was scheduled to take place at 4pm. However, a mass crowd, estimated to be around 2000 people arrived on the scene leading to unsavoury scenes which resulted in the injuries of a reported 12 people. Fighting and the throwing of fire extinguishers were also reported with two people being arrested. Some revelers also climbed on the roof of Union Square station. On a live stream at the event, Cenat could be heard saying: "Look at this! hey standing like in f*****g unity, bro." Sign up to our free Indy100 weekly newsletter He also added: "Everybody for themselves, it's a war out there man." Cenat had also teased that items such as gaming PCs, gift cards and gaming Chairs would be given away at the event. Amid the chaos it has been reported that Cenat was placed into law enforcement custody as confirmed by the New York Police Department. Who is Kai Cenat? 21-year-old Cenat, real name Kai Carlo Cenat III, was born in New York in December 2001. He is one of the most popular streamers and influencers on the internet today. He is the most subscribed to Twitch streamer ever with more than 300,000 at his peak in February 2023. He also has more than 6 million followers on Instagram and more than 4 million subscribers on YouTube. Most of his content revolves around video games, comedy and pranks. He is said to have a net worth of around $12 million. In May he was named as one of Rolling Stone magazine's most influential people on social media. In the prior month he was temporarily banned from Twitch for reportedly violating the platform's rules. Also in May, he and fellow streamer iShowSpeed signed a lucrative deal with rival platform Rumble to produce a handful of livestreams a month. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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