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Fraud and risk teams at banks and credit unions have had enough. Since at least 2020, there’s been a parabolic increase in all forms of bank fraud, resulting in a drastic increase in mitigation [...]

Debit card fraud is a serious problem for financial institutions. Here’s what you need to know about its effects, and how AI can help with fraud detection.

Christopher A. Montalbano of Vestavia, AL, has been sentenced to 180 months (15 years) imprisonment for his role in a massive bank and credit union fraud scheme. In addition to his sentence, [...]