Partway through 2025, TransUnion data revealed that fraud had cost companies worldwide an average of 8% of their revenue. For ...

Bank fraud has recorded its first slump since 2021, with the number of reported cases declining steadily across the industry, ...

A recent fraud case shines a spotlight on the many communication disconnects caused by disjointed software systems common at ...

DENVER — A Denver woman’s effort to plan for her financial future turned into a nightmare when she discovered that someone had accessed her online bank account and drained more than $7,000 from her ...

A recently unsealed federal indictment in Oklahoma offers a detailed look into an alleged mail theft and check fraud conspiracy, highlighting methods fraudsters are increasingly using across the U.S.

Add Yahoo as a preferred source to see more of our stories on Google. GEORGIA (WRBL) — The final defendant and ringleader of a bank fraud and aggravated identity theft scheme involving stolen checks ...

OpenAI's top executive is warning that artificial intelligence is about to supercharge bank fraud at a scale the financial system is not ready to absorb. As regulators, including the Federal Reserve, ...

For many financial institutions, the recent ruling in the US holding a bank responsible for fraudulent losses from business accounts has raised a few eyebrows because, traditionally liability has ...

American financial institutions face an escalating challenge: criminals are systematically weaponizing US bank accounts to move, disguise and launder illicit funds. Over the past five years, evidence ...

The Nigeria Inter-Bank Settlement Systems said the most common fraud technique in the Nigerian banking sector and digital payment system is social ...