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Treasury & Risk’s 2023 Payments Fraud Survey has been released. Not surprisingly, the facts revealed within it show payments fraud remains a serious risk to institutions, while traditional [...]

Financial institutions may be in big trouble. For years now, the industry has been trying to keep a dangerous secret away from the public. It’s a secret that could cause a major shakeup in the [...]

Fraud is a serious issue plaguing financial institutions. The Federal Trade Commission (FTC) reports that consumers lost a whopping $5.8 billion to fraud in 2021 alone. But while the numbers for [...]

But Can This Ai Technology Finally Help Put an End to It? 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 [...]

Debit card fraud is a serious and growing problem for banks and credit unions. Every year, institutions lose millions of dollars to fraudulent charges. But what exactly is debit card fraud? And [...]

As you may recall, in September of 2017, Equifax announced news of a massive data breach. It was one of the largest, most consequential data breaches in US history. The names, social security [...]

Last year alone, 2022, losses associated with card fraud hit a record $34.4 billion. But while this number is astonishingly high, it’s only growing worse. Over the next 10 years, card industry [...]

It’s becoming increasingly necessary for financial institutions to implement artificial intelligence fraud detection and prevention systems to help detect new account fraud. Though some [...]

If you’ve ever been the victim of credit card fraud, or are a financial institution who’s been victimized, you know how painful and debilitating it can be to recover. But while it’s nearly [...]

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 [...]