Artificial intelligence is not something new. In fact, Ai has been around for over 80 years now. But as the decades have passed, Ai has truly blossomed, offering incredible solutions for almost [...]
Last year, well over half of all financial institutions lost more than $500,000 to fraud. However, for the credit union industry, it was even worse.
FedNow Set to Launch in July… 4 Things the Fed Will Provide to Help Combat Fraud And 1 Thing Institutions MUST Do Themselves
The long-awaited launch of FedNow is almost here. This July, the instant, 24/7/365 payments and money transfer system will be implemented. While this is great news for consumers and small [...]
2022 was a banner year for financial criminals, and a terrible year for risk and fraud management teams. More money was stolen from banks and credit unions last year than perhaps any other year [...]
2022 was among the most fraud riddled years in history. According to IBM, the global loss-per-single data breach reached a record-breaking average of $4.35 million. Every sector of the economy [...]