Archives

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.

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 [...]

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 [...]

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 [...]

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 [...]

2022 was a banner year for financial criminals. An estimated 254 million consumer records were leaked in data breaches, affecting more than 9.4 million Americans alone. After government [...]

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 [...]