The Nigeria Inter-Bank Settlement System (NIBSS) has identified five major fraud techniques that continue to dominate digital payment landscape, warning that fraudulent activities are becoming more ...

Check Return Schemes. Criminals will send what they claim is a paycheck or other payment by way of a check where they “overpay.” They ask you to deposit it, then return the “extra” money back before ...

Cyber Fraud: Cyber fraud methods are constantly evolving, and now criminals are adopting tactics that don't require you to ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

In the fight against fraud, financial institutions are making concerted efforts to weed out vulnerabilities in their customer verification processes. But not all banks and credit unions are wholly ...

Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...

Online information safety concept. Increasing the quantity of fraud issues. The word Fraud against going up red chart graph. 3D illustration about hacker attacks. American consumers face mounting ...

A recently unsealed federal indictment in Oklahoma offers a detailed look into an alleged mail theft and check fraud conspiracy, highlighting methods fraudsters are increasingly using across the U.S.

HOBOKEN, N.J.--(BUSINESS WIRE)-- NiCE Actimize, a NiCE (NASDAQ: NICE) business, has released the "2025 NiCE Actimize Fraud Insights Report, U.S. Retail Payments Edition," which explores the latest ...

Survey of 300 fraud leaders shows rising AI threats and privacy regulations creating a dual crisis Fingerprint, a leader in device intelligence for fraud prevention and returning user experience ...

The financial consequences affect nearly everyone: 99% of organizations report fraud losses from AI-enabled attacks in the past year, with an average of $414,000 per organization. One-third of ...