Ever find your palms sweating as you enter your payment info into a merchant site you’ve never used before? It’s a natural response; few financial details are more important than your payment methods ...

TransUnion is trying to help the financial services industry clean up the proliferation of credit washing that’s impacting auto finance and beyond. To combat credit washing — the practice of removing ...

A surge in digital payment technologies has been paralleled by an equally rapid increase in credit card fraud. This research field explores multifaceted approaches that combine advanced analytics, ...

With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...

Fraudsters collaborate, but most banks still detect fraud alone. This imbalance has defined fraud prevention for years. Now ...

Today’s attackers move from account takeover to mule networks in hours, exploiting the gaps between fraud and AML functions. Institutions that integrate cross-channel data, ...

Payment card fraud losses worldwide reached $33.83 billion in 2023, according to The Nilson Report’s Annual Fraud Statistics issue — up 1.1 percent from 2022. In the next 10 years, card fraud will ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. A recent study projects AI-driven fraud losses could reach $40 billion by ...

AI has “fundamentally changed" the fraud threat, warns America's Credit Unions (ACU), making it easier than ever to mount a cyber attack ...

A credit freeze blocks new credit accounts, but it will not stop tax fraud, account takeovers, or SSN misuse. Here is what you need to know.

More and more voices are speaking up about the extraordinary gains they’re seeing from AI in writing code. The latest comes ...