UnionDigital Bank says it has stopped all successful fraudulent account takeovers since implementing iProov’s biometric verification technology last year. Since ...

Small and medium-sized businesses are looking to their financial institutions to provide the technology they need to monitor payments fraud. ...

Bad actors are increasingly using AI to create fraudulent documents when applying for business loans, and lenders must implement multilayer ...

Lloyds Banking Group plans to launch an AI tool in its app to help customers sidestep online shopping scams and ...

National Bank of Canada has deployed fintech Sardine's agentic AI solution for financial crime prevention as part of a multiyear ...

Financial institutions are prioritizing investments in digital solutions to combat cybercrime in 2025 as AI-powered fraud remains a growing threat.  ...

Financial institutions are looking to data-sharing consortiums to defend against financial crime as consumer fraud losses reached nearly $9 billion ...

In one week in April, Metro Credit Union received more than 450 fraudulent account opening applications.  Using manual processes, fraud ...

What if a bank's compliance software could relay messaging in natural language? Photographer: Gabby Jones/Bloomberg That’s the question anti-money laundering ...

Banks are exploring use cases for large language models to fight fraud as the technology’s ability to detect patterns in ...