Ally Financial faces two class action lawsuits in the wake of a data breach earlier this year.   Plaintiff Sebastian...

Investment within the financial services technology sector is creeping back up after plummeting in August.   Following a July peak, Bank...

Toronto-Dominion Bank employees need to take more accountability and act with more urgency on risks, Chief Executive Officer Bharat Masrani...

American Express’ credit and fraud models completely use machine learning and AI.  “In fact, the first time American Express used...

Chase customers claimed to have identified a glitch in Chase ATMs during Labor Day weekend, allowing them to deposit false...

U.K. regulators are starting to look at the European Union’s Digital Operational Resilience Act, and are monitoring the resiliency and...

Financial institutions are looking to AI and generative AI to mitigate the rising risk of cyberattacks as fraudsters themselves take...

Gather Federal Credit Union has selected credit underwriting platform Zest AI to reduce fraudulent activity during the loan origination and...

British challenger bank Monzo reported an outage today that halted some card payments and outbound bank transfers.   In response to...

Dishonest consumers are upping their fraud game as “friendly fraud” becomes the No. 1 problem in credit card disputes, but...