When turning to AI for financial crime compliance, FIs must make auditability and responsibility key features of the system. “Make ...

U.S. Bank has launched Protect 360 to help clients monitor their credit activity, identify privacy risks and act when necessary. ...

Scammers are coupling increasingly convincing AI-generated documents, voice cloning and deep fakes with scare tactics and extortion to defraud victims. ...

As bad actors increasingly use AI to create fraudulent identities, FIs are similarly using AI solutions to uncover risky transactions. ...

Equifax has launched two solutions — Signal Score for Email and Signal Score for Device — to help e-commerce retailers ...

Mortgage lenders say they are already benefiting from Ocrolus’ new AI tool for fraud detection as the fintech works to ...

To successfully perpetrate fraud against a bank in the past, a bad actor needed specialized skills and plenty of time ...

Among industries with high remote-onboarding volumes, the banking sector stands out for having the lowest exposure to verification-request fraud. In ...

Fraud mitigation service provider Feedzai today launched Farol, an AI agent built to shorten fraud identification and response times and ...

London-based neobank Revolut has confirmed that it released sensitive customer information to a fraudster who was using an email address ...