Fighting AI-driven fraud in the new year
Financial institutions are on high alert going into 2026 as fraudsters continue to tap AI for their schemes. In fact, 67% of financial institution leaders...
Risk & Security
How AI could have prevented 700Credit’s data breach
Data breaches made headlines in 2025 in health care, manufacturing, technology, retail and financial services but AI can play a role in preventing them. In 2025, data...
RBC adds gen AI to ‘fraud-fighting toolbox’
Royal Bank of Canada is developing tools by combining new and old tech to fight scams powered by gen AI. The bank is blending AI and gen...
AI contributes to 25% rise in fraud losses
AI-assisted fraud rings are contributing to a rise in losses at financial institutions such as credit unions. Fraud losses reported...
Anthropic called to testify in House on China-backed cyberattack
A US House committee is calling on Anthropic Chief Executive Officer Dario Amodei to testify about a Chinese cyber-espionage attack...
MidSouth Community FCU sees fraud loss ratio drop 51% with Casap’s AI tech
MidSouth Community Federal Credit Union has tapped AI-driven dispute-management provider Casap to enhance its operational efficiency and weed out fraudulent claims. ...
Cloudflare outages spur concern among banks about AI resiliency
Financial institutions are concerned about the resiliency of their AI operations after core internet service provider Cloudflare suffered its second...
Inside look: Citi’s ‘Four S’ AI strategy to maximize ROI
NEW YORK — Citi is deploying AI not as an additional layer in its tech stack but rather building its...
Podcast: Austin Capital Bank CEO Erik Beguin on AI-driven fraud
Fraud is on the rise, and AI is contributing to both the solution and the problem. “Fraud is a really...
Cloudflare Resolves Global Outage That Disrupted ChatGPT, X
A worldwide outage at the network of cybersecurity firm Cloudflare Inc. has been resolved after several hours of disruption on...
