Money laundering is a prevalent problem in the United States. Today, new technologies can help fraud teams prevent money laundering activities by deep-screening and monitoring accounts and [...]
Retailers and consumers beware. Both Visa and Mastercard are expected to jack-up card-swipe fees as soon as this month. Citing fraud as a reason for the fee escalation, the card companies believe [...]
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 [...]
The friction between banks and their clients over fraud and account takeovers has reached the boiling point for one Truist banking customer. Perran Davis says his deceased father’s estate account [...]
Bank Fraud Victim Takes Matters Into Her Own Hands After noticing fraudulent charges in her account, a Stuart, Florida woman took matters into her own hands by hunting down the fraudster herself [...]
