Singapore authorities are considering introducing caning as a punishment for scammers in the most serious cases.

The case was dismissed "with prejudice," meaning it cannot be brought again, the Consumer Financial Protection Bureau said in a filing.

New fraud actors are coming into play with sophisticated schemes to exploit digital payments. Read on to learn how insurers ...

A CFPB lawsuit filed in December alleged that customers of JPMorgan Chase, Bank of America, and Wells Fargo have lost more ...

The Finnish payments market is witnessing significant transformation as leading banks OP Financial Group and Nordea launch new mobile payment services, responding to increasing digitalization and ...

The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against Early Warning Services and several big banks for failing to safeguard the Zelle payments network from fraud.

The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and ...

The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against ...

Nigeria Inter-Bank Settlement System (NIBSS) has revealed that the country’s financial sector lost around N52.26 in 2024 to fraudsters, some of whom enrolled fake identities for Bank Verification ...

These incidents evoke the need for liveness detection systems to secure biometric identity verification by banks and ...

Asmaul Hassan has received a 2025 Global Recognition Award for developing banking security and customer benefit systems, ...