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

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

Financial institutions are abandoning fragmented AI architectures in favor of unified transaction foundation models, and early results suggest the shift ...

SAN DIEGO — Trinity Bank is set to deploy BioCatch, an AI-driven behavioral biometric platform, to strengthen fraud prevention across its digital banking channels.  The $550 million ...

Fintech Verituity is using AI to reduce B2B and B2C payments fraud and errors by an average of 75%.   Verituity, which automates and verifies digital payouts ...

Chief information security officer is not a new title — but the job is changing.  A chief information security officer (CISO) is a ...

TD Bank is educating consumers and frontline employees as attacks by scammers rise across the financial services industry, Julie Packard, head of strategic enablement, financial ...

AI can help reduce fraud attempts and save money through better real-time detection, experts say.  “If banks are losing less money, then they can also trim down their ...

Payments risk management platform Accertify is leaning into AI to fight fraud just as fraudsters themselves are making the most of AI.  Losses tied to e-commerce fraud are projected to surpass ...

Jamie Smathers, vice president of fraud prevention at Michigan State University Federal Credit Union, will speak on Tuesday, March 3, at the FinAi Banking Summit ...