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The final fraud statistics for 2021 are in, and the facts are alarming. 2021 has been the costliest, most fraud-riddled year on the books. However, once the statistics are tallied for this year, [...]

ToolCASE, the banking industry’s leader in artificial intelligence-backed fraud detection and prevention, has received hundreds of questions about the capabilities of its real-time RembrandtAI [...]

Here’s The Facts to Know Before Wasting Money on Inferior Legacy Fraud Solutions

Could This Real-Time Fraud Detection and Prevention System Have Stopped Him? Steven Knigge, a retired fraud investigator with the South Dakota Department of Revenue, is facing fraud-related [...]

Two New Columbia Pennsylvania residents were indicted on charges of insider fraud against Nu Community Credit Union and its members out of $1.2 million over the course of several years. The duo, [...]

There are various ways fraudsters can get someone’s credit card information nowadays. Since most transactions are done digitally, financial institutions are becoming more alarmed about these [...]

Following a five-day bench trial, Olayinka Peter Olaseinde of Rhode Island was convicted of a bank fraud conspiracy targeting financial institutions, businesses and private individuals. His [...]

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, [...]

Bank and Credit Union fraud teams should be on the lookout for the rise in Bank Identification Number (BIN) Attacks. Fraudsters are using a new technology that allows them to “decrypt” bank/debit [...]