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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 [...]

To celebrate its first year in “business,” a darknet website called BidenCash has leaked the credit and debit card records of millions of consumers, for free. The data contained in the massive [...]

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.

The Most Remarkable, Real-Time Fraud Detection and Prevention System Ever Created   Over $240 million in fraud prevented Over 1.5 billion transactions processed Full ROI within weeks [...]

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 [...]