Source: consumer.ftc.gov
New York State Attorney General Letitia James announced a new bill designed to strengthen the state’s consumer protection law, saying the bill is needed at a...
Fraud is an adversarial game, and today’s fraudsters are exhibiting a level of organization that mirrors legitimate businesses. They follow schedules, deploy sophisticated technology, and...
Visa says its new anti-fraud disruption department saved potential victims $350 million last year. The company’s scam disruption practice, announced Tuesday (March 11), part of...
New Federal Trade Commission (FTC) data shows consumers reporting more than $12.5 billion in fraud losses last year. That number marks a 25% increase over...
Credit unions (CUs) have long prided themselves on being the “people’s bank” — local, personal and rooted in trust. But guess what? That makes them...
Scams against banks and their customers have exploded. Fraudsters pull at human nature in a bid to gain access to accounts and drain them —...
A chain is only as strong as its weakest link. The bigger the chain, the more important its security becomes. The adage has taken a...
Financial institutions should watch for suspicious activity that may indicate relationship investment scams and should use specific Suspicious Activity Report (SAR) filing instructions and key...
It’s 2025, and yet many of America’s businesses are still stuck in the past, stubbornly clinging to paper checks. The problem with doing payments the same...