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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 [...]

Businesses are continuously innovating through the use of modern technology, with one of the most advanced being Artificial Intelligence (Ai). Ai offers increased convenience for many businesses [...]

Electronic payment systems are constantly evolving to keep up with the ever-changing landscape of how we do business. This is especially true for real-time payments, which are growing in [...]

Florida credit union overhauls its fraud prevention with big assist from AI *This article was originally published in American Banker by Carter Pape May 06, 2022, 3:35 p.m. EDT As algorithmic [...]

Upcoding fraud is a type of health insurance fraud where a healthcare provider submits a bill to an insurance provider that’s more expensive than the actual services provided. The goal of this [...]