Financial Fraud news and trends

Discover Global Network: Advanced Analytics Forges Proactive Approach to Battling Fraudsters
Fraud Prevention // November 14, 2024

The fraudsters are getting ever bolder — and attacking businesses and financial institutions (FIs) at scale. Part of their secret to success is their ability to adapt. Which raises the question: How can the good guys adapt? Get the Full Story Complete the form to...

New Report: Authorized Fraud Scams Damaging to Bank-Customer Relationships
Fraud Prevention // May 09, 2024

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

US Treasury Warns of AI Dangers in the Financial Sector
artificial intelligence // March 27, 2024

The Treasury Department is sounding the alarm on cybersecurity risks posed by the growing use of artificial intelligence (AI) within the financial services sector.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

FTC Sees Jump in AI-Related Scams on Social Media
Security & Fraud // March 17, 2024

Federal regulators have reportedly recorded a jump in AI-related scam ads on social media. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Interviews & Exclusives
Discover Global Network: Advanced Analytics Forges Proactive Approach to Battling Fraudsters

November 14, 2024
The fraudsters are getting ever bolder — and attacking businesses and financial institutions (FIs) at scale. Part of their secret to success is their ability to adapt. Which raises the question: How can the good guys adapt? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all […]

How Corporates Can Help Banks Fight Real-Time Payments Fraud

March 09, 2023
As instant payments become the norm, businesses can bolster safeguarding their hard-earned revenue.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

62% of Large Banks Report Increases in Financial Crime

September 13, 2022
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

New Report: Deconstructing Fraud With Machine Learning

April 25, 2017
Using machine learning to fight fraud may just be starting to see its day in the sun, but if industry trends are to be believed, it’s fast becoming the soul...

Quick Reads
FinCEN Aims to Expand Public-Private Partnerships Combating Fraud

November 25, 2024
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) said it aims to expand public-private partnerships by joining The National Task Force on Fraud and Scam Prevention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

FTC Sees Jump in AI-Related Scams on Social Media

March 17, 2024
Federal regulators have reportedly recorded a jump in AI-related scam ads on social media. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Jack Henry Debuts Defense Against Money Laundering

October 16, 2023
FinTech company Jack Henry has introduced a new tool to help banks combat fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Big Banks Plagued By Dark Tequila Malware

August 21, 2018
Kaspersky Lab announced on Tuesday (Aug. 21) that it discovered a sophisticated cyber-operation named Dark Tequila, which has been targeting Mexicans for the past five years. Using malware, the hacker or hackers...