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In the digital age, fraud is complicated. Fraudsters are becoming increasingly creative with their methods of accessing sensitive information. With regulations surrounding mobile banking [...]

In the digital age, fraud is complicated. Fraudsters are becoming increasingly creative with their methods of accessing sensitive information. With regulations surrounding mobile banking [...]

During 2022’s five-day holiday shopping period from Thanksgiving through Cyber Monday, a record 196 million US consumers spent $35.27 billion on consumer products, up a strong 10% over 2021.

Reports of financial crimes against the elderly are on the rise. Now, a startling $3 billion is swindled from our most vulnerable citizens each year. But while many of these frauds are initiated [...]

ToolCASE has compiled its final report on full-year fraud statistics for 2021, and the facts are startling. Even as the pandemic waned, and many frauds associated with PII theft and COVID relief [...]

A new report from the office of Senator Elizabeth Warren has revealed what many in the banking industry already know. Zelle fraud is on the rise, and unless proactive, cost-effective steps are [...]

Small credit unions and banks are now at the highest risk, perhaps ever, of fraud attacks and subsequent financial losses. Recent reports show that fraud incursions have increased by 71% at small [...]

Account takeover fraud (ATO) is on the rise. A recent report from Security.org show’s that over 24 million US households have become victims.

The Federal Reserve has announced a new, narrow launch window for its FedNow real-time payments service.  After years of development, testing, pilot programs and delays, FedNow will officially go [...]

In 2020, the FBI arrested an Amazon employee after issuing more than $96,000 in fraudulent refunds. To achieve this fraud, the Amazon insider created multiple buyer accounts to purchase [...]