They’re smart, they’re sophisticated and they’re on social media. A recently released report sheds light on the increasingly sophisticated tactics employed by financial scammers, revealing...
Financial services institutions have long relied on machine learning for risk management, but the threat landscape has grown exponentially in the age of generative artificial...
The cloud environment is, as a class, mostly secure. But the way that enterprises, and their employees, actually utilize the cloud service ecosystem is not....
The convergence of ACH, open banking and account validation has the potential to make transactions more secure — and faster — as instant payments gain...
Fraud schemes, from invoice padding to fictitious vendors, thrive in environments where human oversight is the primary line of defense. Fraudsters are keen on capitalizing...
America’s banks are under siege, and the enemy is invisible. Authentication-based fraud is skyrocketing, leaving financial institutions scrambling to fight back against an epidemic of...
Investment firm Corsair Capital has acquired a majority stake in German identity verification platform IDnow. The company announced the deal last week, and while no...
Faster payments means faster fraud, at least that’s the fear. FedNow® Service’s debut a year and a half ago, and traction gaining across The Clearing...
Visa says its new anti-fraud disruption department saved potential victims $350 million last year. The company’s scam disruption practice, announced Tuesday (March 11), part of...