Tag: Fraud Risk and Analytics

With the prevalence of online shopping and digital purchases, fraudulent transactions have become commonplace. In the past 18 months, 43% ...

Smaller financial institutions are increasingly vulnerable to artificial intelligence-generated financial fraud, with the gap between them and larger institutions widening. ...

The Federal Trade Commission released data showing that consumers lost more than $10 billion to fraud in 2023. This represents a ...

Financial institutions are increasingly navigating a sea of scams and fraud. With the evolution of emerging technologies, new avenues for ...

Citibank is contending with a lawsuit filed by the city of New York that claims it failed to protect accounts ...

There’s been a sharp decline in the reception of cryptocurrencies by illicit addresses in 2023, according to blockchain intelligence firm ...

Impersonation scams have become a pervasive issue, particularly since it’s much harder for many to distinguish if the person reaching ...

Consumer trust is what every business strives for, but as companies continue to expand and increase their payments volume, tackling ...

The year 2022 was one of global financial uncertainty and risk, and 2023 may bring more of the same. For ...

Credit unions and community banks are reassessing their partnership with Zelle. This is as an uptick in fraudulent peer-to-peer (P2P) ...