Signing up for your bank's security features, like two-factor authentication and transaction alerts, can help protect your bank account. Keeping your bank, law enforcement and the Consumer Financial ...

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 ...

Banks should take a page from the health sciences' playbook and use artificial intelligence to "nudge" consumers away from transactions that have the characteristics of known fraud schemes, writes ...

Consumers are increasingly falling victim to cybercrime through banks, leaving them vulnerable and without recourse. This ...

Fraud detection requires leveraging new tools and models to keep ahead of increasingly sophisticated fraud. Financial institutions use AI to detect and prevent billions of dollars of fraud each year ...

The addition brings earlier visibility into scam-driven threats, helping Candescent customers further reduce the frequency, severity and operational impact of phishing-related and advanced account ...

Standard Bank emphasised that there has been no breach of its systems, highlighting the multiple security and authentication ...

Central Bank of Nigeria (CBN) has unveiled plans to deploy Artificial Intelligence (AI) to strengthen fraud prevention and enhance the efficiency of the country’s digital payments ecosystem as part of ...

I4C and RBIH have signed a new agreement to strengthen AI-driven fraud detection systems and tackle mule accounts and ...

A simple change to online banking could save Australians millions of dollars in scam losses in a nation-first crackdown by ...