Swift conducted tests to demonstrate the potential impact of artificial intelligence in preventing cross-border payments fraud. The global messaging system collaborated with 13 banks on...
For many property managers, inefficiencies lurk not in the halls of apartment buildings but in the filing cabinets and spreadsheets of the back office. The...
A wave of graduates entering the job market could present new targets for scammers. As the Financial Times (FT) reported Sunday (Sept. 14), new hires...
Watch more: Visa DPS Talks Holistic Intelligence to Block Fraud Up Front Fraud isn’t standing still. Today’s criminals have more advanced technology at their disposal...
The hidden drag on billing modernization isn’t paper alone. It’s double delivery, with one-third of utility customers still receiving both paper and electronic bills, a...
Fifth Third Bank says a fraud incident on a $200 million loan was a one-time occurrence. The bank says it was the victim of fraud on...
Fraudsters thrive on data deficiencies and underinvestment in cyber defenses. Companies know this, but they still leave the door open. Security is not a checkbox;...
Anti-money laundering (AML) and countering the financing of terrorism (CFT) need streamlining and modernizing as financial institutions face new threats from cyber criminals and illicit...