fraud

Fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law, a criminal law, or it may cause no loss of money, property or legal right but still be an element of another civil or criminal wrong.

Revolut’s AI Outperforms Human Reviewers at Detecting Financial Crime

Revolut’s AI Outperforms Human Reviewers at Detecting Financial Crime
Revolut’s AI Outperforms Human Reviewers at Detecting Financial Crime
May 27, 2026  |  Fraud Prevention

For decades, catching financial crime meant hiring more people to review more alerts. Most of those alerts turned out to be nothing. Get the Full...

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IAPS Recommends Federal Action to Secure Frontier AI Models From Theft
IAPS Recommends Federal Action to Secure Frontier AI Models From Theft
May 26, 2026  |  Cybersecurity

The cyber capabilities of Anthropic’s Mythos and OpenAI’s GPT-5.5 show that there is a need for the government to develop a policy response that addresses...

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Executives See Speed, Trust and Data Reshaping Payments in 2026
Executives See Speed, Trust and Data Reshaping Payments in 2026
May 25, 2026  |  Payments Innovation

The first half of the year has been full of big themes, but the sharpest insights often came in the clearest sentences. Get the Full...

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The Fed Account Access Fight Is Becoming a Risk Test for FinTechs
The Fed Account Access Fight Is Becoming a Risk Test for FinTechs
May 22, 2026  |  Legal & Regulation

For years, the argument over Federal Reserve account access has largely centered on who gets in. Get the Full Story Complete the form to unlock...

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Visa Says Fraudsters Adapt as Payment Security Tightens
Visa Says Fraudsters Adapt as Payment Security Tightens
May 22, 2026  |  VISA

Scams have become the fastest-growing threat to payment security, Visa said in a new report. Get the Full Story Complete the form to unlock this...

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EU Consumer Group Says Tech Giants Failed to Block Scam Ads
EU Consumer Group Says Tech Giants Failed to Block Scam Ads
May 21, 2026  |  Cybersecurity

The European Consumer Organisation (BEUC), a consumer group in the European Union, said in a Thursday (May 21) press release that Google, Meta and TikTok...

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Apple Says App Store Shut Down 1 Billion Fake Accounts in 2025
Apple Says App Store Shut Down 1 Billion Fake Accounts in 2025
May 20, 2026  |  Fraud Prevention

Apple’s App Store prevented $2.2 billion in fraudulent transactions last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Mastercard Intros Strategy to Ferret Out Scam Merchants
Mastercard Intros Strategy to Ferret Out Scam Merchants
May 19, 2026  |  Mastercard

Mastercard wants to help banks and payment companies separate legitimate merchants and scammers. Get the Full Story Complete the form to unlock this article and...

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