AI makes criminals more efficient along with regular workers. But there’s a lot you can do to keep yourself safe from bank ...

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 ...

Thailand central bank on Thursday announced enhanced measures to combat financial fraud focusing on stricter controls over mule accounts and fosterin ...

The industry has essentially reinvented the fight against fraud and financial crime using advanced analytics and other ...

As artificial intelligence (AI) continues to shape industries worldwide, its role in banking has quietly evolved behind the ...

A new bill could bolster efforts to combat fraud within the Idaho Department of Health and Welfare's (IDHW) benefit programs.

Hundreds of Northern California investors who allege Umpqua Bank backed a $450 million Ponzi scheme will soon get their days ...

The department also imposed additional legal charges of ₹3,00,000 and ordered Axis Bank to pay ₹50,00,000 in compensation for ...

Fraud now accounts for 40% of crime in England and Wales. However, in this era of strained public finances, and the often international dimension ...

Staff at the country’s largest bank helped a scam victim send $250,000 to the account of a known “money mule” just weeks after another victim lost $250,000 to an ANZ account under the same name. A ...

Through this partnership, Q2 and Alloy will deliver a solution that addresses ongoing fraud risks, such as account takeover and peer-to-peer (P2P) payment fraud, that continuously threaten financial ...

Payment fraud (i.e. the unauthorized or deceptive use of stolen payment information to obtain money, goods, or services) ...