Fraud & Security

For various reasons, the U.S. Department of Agriculture faces challenges in issuing personal identity verification (PIV) cards to all its...

Fraud always seeks the path of least resistance. In the world of payments, hackers look for vulnerable spots to exploit....

As fraudsters become more innovative in their schemes, Nacha is rolling out new rules to address emerging fraud risks, particularly...

A payments platform grappling with fraud losses grew frustrated when its risk scoring system failed to differentiate effectively, leaving every...

As cross-border payments fuel an increasingly globalized economy, concerns about fraud in these transactions have also grown. Although cross-border payments...

Artificial intelligence is fueling a major transformation in the financial fraud landscape. AI has democratized criminal sophistication and fraud at...

Thousands of credit card readers at gas stations and supermarkets in Israel experienced issues this past weekend, potentially linked to...

Virtual cards—digital versions of physical credit or debit cards typically used for online transactions or recurring payments—offer a powerful opportunity...

The newest version of OpenAI’s popular chatbot, ChatGPT, can be used to perform financial scams with a low to moderate...

The number of scams that utilized artificial intelligence doubled in the past year, costing Americans more than $108 million. According...