The financial services industry faces a unique set of cybersecurity challenges, including traditional threats like phishing, insider threats, ransomware, and the added complexity of financial fraud.

U.S. Attorney Leah Foley has named her office’s new Fraud Coordinators, who will head the new Benefit and Voter Fraud Team as tens of millions of dollars in SNAP, Medicaid and other public assistance ...

Rodney Drake, Chief Strategy Officer at Valid Systems, advocates AI-powered risk and fraud solutions for FI's and fintechs. The digital acceleration of banking has delivered on its promise: faster, ...

Wells Fargo’s fraud team warns that generative AI has pushed online scams to a new level, one where even experienced professionals are struggling to tell what’s real and what isn’t. That email from ...

In March 2019, a team of investigators from the U.S. Department of Education’s fraud-prevention team arrived at a Houston trade school for what was supposed to be a routine inspection. Several of the ...

Reaching never-seen-before levels, AI fraud is affecting companies of all sizes. This is how to respond and the top ...

Fraud prevention and user experience have long been treated as opposing forces: tighten security, and you risk alienating legitimate customers; loosen it, and you open the door to account takeovers, ...