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

The financial industry is constantly reminding consumers of all the ways they -- the consumers -- make it easy for scammers to steal from them and why they need to be more careful. What they don't say ...

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose. Promoting financial integrity and operational ...

When a bank decides your account looks suspicious, the impact is immediate and personal: debit cards can stop working, online ...

In 2023, an estimated $3.1 trillion in illicit funds flowed through the global financial system. Projected global losses from scams and bank fraud schemes exceeded $485 billion. [1] Fines and ...

NEW YORK--(BUSINESS WIRE)--JPMorganChase is launching the largest fraud and scam prevention initiative in the bank’s history, including components related to consumer education, prevention, awareness ...

The phone call that came in at about 10:30 a.m. on a Thursday morning in September appeared legitimate. Cathy M.’s caller ID displayed the number as Wells Fargo’s customer service line, which she had ...

A recent fraud case shines a spotlight on the many communication disconnects caused by disjointed software systems common at ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Five Star Bank parent company ...

In 2025, banks plan to make significant increases to their tech spending, and enhanced security and fraud mitigation are the top priority according to research released this month by American Banker.

The Financial Fraud Risk Indicator is a government-backed system that flags risky mobile numbers and blocks suspicious ...

Since the Covid-19 pandemic, California’s community colleges have been plagued by scammers who pose as students and enroll to steal financial aid — and now it’s getting even worse. The state’s ...