The Consumer Financial Protection Bureau announced today that it has sued Early Warning Services, Bank of America, JPMorgan and Wells ...

Dickinson Financial Corp., the holding company for $1.3 billion Armed Forces Bank, implemented an automated proactive monitoring and anomaly-detection system ...

Capital One is offering its AirKey authentication tool to other financial institutions to combat rising fraud.  Built in-house at Capital ...

Grasshopper Bank has reduced manual reviews in its onboarding process by 57% through fintech Alloy’s risk-management solution.   The bank implemented ...

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 ...

Payments behemoths continued investing in technology to control costs and streamline operations in the second quarter.  Visa and Mastercard are ...

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

The financial services industry has worked for years to create frictionless payments. Now it may be necessary to add friction ...

Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter.   “We continue ...