There are concerns about the banking sector, and the impact of that turmoil on the global economy - Copyright AFP/File Richard A. Brooks There are concerns about the ...

Banks across Western Massachusetts are finding new ways to root out fraud amid a nationwide surge in scams, from AI-powered ...

If you feel that no bank account is entirely safe from scams and fraud these days, you aren’t being paranoid. Three in 10 bank customers experienced fraudulent activity on their accounts in the past ...

The rise in bank fraud has reached unprecedented levels, with a 70% increase in just one year, resulting in $5.8 billion in losses. According to the Federal Trade Commission (FTC), this surge has ...

In 2025, banks plan to make significant increases to their tech spending, and enhanced security and fraud mitigation are the top priority according to research released this month by American Banker.

Generative AI is now at the centre of fraud strategy in digital banking. What began as an efficiency tool has quickly become a frontline defence, as banks are forced to confront a new reality: fraud ...

A massive bank fraud operation that stole nearly $9 million from elderly Americans has been shut down, and it all unraveled because of one suspicious transfer. The $250,000 deposit into a newly opened ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Mortgage loan fraud was cited in 54% of suspicious activity reports (SARs) referencing bankruptcy fraud in 2010, up from 42% in 2009, the Financial Crimes Enforcement Network (FinCEN) reported. The ...

Q2 Holdings Inc. (NYSE: QTWO), a provider of digital transformation solutions for financial services, announced a strategic partnership with Alloy, an identity and fraud prevention platform provider, ...