AI is used in half of bank scams. Here’s what you need to watch out for
AI makes criminals more efficient along with regular workers. But there’s a lot you can do to keep yourself safe from bank ...
Class action against Umpqua Bank over customer’s Ponzi scheme heads to trial next week
Hundreds of Northern California investors who allege Umpqua Bank backed a $450 million Ponzi scheme will soon get their days ...
AI In Lending - The Hidden Tech Refining Your Bank Experience
As artificial intelligence (AI) continues to shape industries worldwide, its role in banking has quietly evolved behind the ...
Financial IT1d
Nova Credit Announces Advanced Document Fraud Detection for Income Navigator
As the threat of fraud rises with the increasing use of generative AI, traditional methods of verifying consumer information have become inadequate. A recent study projects AI-driven fraud losses ...
Banking Exchange1d
Generative AI "Agentics" Poised to Help Mid-Sized Banks Improve Compliance and Fraud Detection
The industry has essentially reinvented the fight against fraud and financial crime using advanced analytics and other ...
Neighbors Federal Credit Union Makes Loan Funding Easier While Fighting Fraud with Point Predictive’s AutoPass™ Solution
The partnership comes at a crucial time in the lending landscape, where credit unions have emerged as leaders in auto loan originations. By implementing AutoPass, Neighbors Credit Union will be able ...
Six key fraud, KYC and AML predictions for 2025
The Act bolsters existing standards and checks, including Anti-Money Laundering (AML), Know Your Business (KYB) and Know Your ...
Thai central bank tightens measures against mule accounts to combat financial fraud
Thailand central bank on Thursday announced enhanced measures to combat financial fraud focusing on stricter controls over mule accounts and fosterin ...