The financial industry's embrace of machine learning has reached a tipping point in 2026, moving from experimental adoption to a core operational necessity fraught with regulatory peril. Recent joint ...

Today’s digital ecosystem creates the perfect storm for identity theft. AI makes every step — from stealing personal ...

Department of Justice (DOJ) announced the Fraud Oversight through Careful Use of Statistics (FOCUS) Initiative on April 30, 2026, a new ...

When Adam Day built a method to compare the language in peer-review reports across scientific journals, he expected to find ...

According to a recent industry survey, nearly three-quarters of financial institutions still manually check a significant portion of their income documents for fraud, with many reviewing up to half of ...

Abstract: In today’s world, financial fraud poses a real threat to global economies, necessitating robust detection systems. Utilizing data mining methods in fraud detection has emerged as a new ...

Sumsub has launched an upgrade to its deepfake detection product with instant online self-learning updates to address rapidly ...

Synthetic identity fraud now accounts for 11 percent of all fraud globally, an eightfold increase from 2024, according to LexisNexis Risk Solutions’ annual cybercrime report analyzing more than 116 ...

Amid a sharp rise in fraud across Europe, fueled by the rapid digitalisation of processes and the accelerating use of ...

Fraudsters aren't hacking credit unions, they are exploiting normal business processes. Flare reveals how structured loan ...

A critical challenge in this new environment is verifying authority–ensuring that an automated agent is genuinely authorized ...

The House Committee on Oversight and Government Reform has held a markup and advanced nine bills aimed at protecting taxpayer ...