A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141...
The ongoing fallout from an accounting error at Metro Bank will now see Founder Vernon Hill completely exit the group after previously announcing he would...
The CEO and founder of the New York payroll company MyPayrollHR was arrested and charged Monday (Sept. 23) in a $70 million bank fraud scheme...
The head of Huawei claims the banks involved in the U.S. case against his company knew about all of its business activities. Get the Full...
Payment fraud is an ideal use case for machine learning and artificial intelligence (AI), and has been used by financial institutions (FIs) to great effect....
In the old days, forged checks were the biggest problems that bank fraud departments had to manage. Today, financial institutions (FIs) face a barrage of...
Two U.S. law firms have launched investigations into the U.K.’s Metro Bank on behalf of investors concerned that the institution committed securities fraud. Reports in...
An internal investigation at Deutsche Bank has found that it processed at least €175 million (nearly $197 million USD) in dirty money for Russian criminals...
U.K. bank TSB said it would refund its 5.2 million customers who were the victims of an online fraud scam. Get the Full Story Complete...