OpenAI's top executive is warning that artificial intelligence is about to supercharge bank fraud at a scale the financial ...

Big banks have helped drive some of the largest financial scandals of the modern era, yet the people who run them rarely see the inside of a courtroom, let alone a jail cell. Instead, institutions pay ...

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...

Swift and 13 international banks doubled real time fraud detection in trials involving ten million test transactions Privacy-enhancing technologies enabled ...

Recent court rulings, including the Supreme Court's, have narrowed the scope of the federal wire fraud statute, emphasizing that it only applies when money or traditional property interests are the ...

In August, German banks froze over €10 billion in PayPal payments due to suspected fraud, a disruption that underscored the scale of growing financial security concerns. If even long-standing, trusted ...

Two former Maryland police officers were found guilty of fraud and arson by a federal jury, according to the U.S. Attorney’s Office of the District of Maryland. Former Fairmount Heights Police officer ...

Losses Surge to €4.2 Billion. Europe’s latest payment fraud figures are stark. According to the joint 2025 EBA-ECB report, ...