Fraud news and trends

Banks Face Complex Cyber Risks From Anthropic’s Mythos
Cybersecurity // April 13, 2026

Anthropic’s new artificial intelligence (AI) model Mythos poses a significant threat to the banking industry, as it could expose legacy systems to “unprecedented cyber risks,” Reuters reported Monday (April 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Kraken Reports Criminal Extortion Attempt Involving Insider Recruitment
Cybersecurity // April 13, 2026

Global digital asset exchange Kraken is being extorted by a criminal group that is threatening to release videos of the company’s internal systems with client data shown if the firm does not comply with the group’s demands, Kraken Chief Security Officer Nick Percoco said in a Monday (April 13) post on...

Embedded Payments Make Fraud Harder to See and Faster to Hit
Fraud Prevention // April 13, 2026

Watch more: Need to Know With WEX’s Eric Frankovic Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

68% of Banks Increase Fraud Defense Spending as Account Takeovers Spike
Fraud Prevention // April 09, 2026

Banks are learning that fraud defense is no longer just about stopping losses after the fact. The bigger shift in the latest data is that many institutions now see fraud prevention as part of protecting growth, customer trust and the ability to keep up with...

Interviews & Exclusives
Embedded Payments Make Fraud Harder to See and Faster to Hit

April 13, 2026
Watch more: Need to Know With WEX’s Eric Frankovic Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to […]

68% of Banks Increase Fraud Defense Spending as Account Takeovers Spike

April 09, 2026
Banks are learning that fraud defense is no longer just about stopping losses after the fact. The bigger shift in the latest data is that many institutions now see fraud...

The Internet’s Worst Visitors Are Getting Better at Their Jobs

March 31, 2026
Bad bots used to be a nuisance. They had weird names like YissouSpider and Yandex. They were something for cybersecurity teams to tune out with filters and rate limits. Get...

Fraud Is Knocking Louder on the CFO’s Door

March 30, 2026
B2B CFOs sit at the increasingly complex intersection of treasury, technology, vendor management and enterprise risk. But that’s not all that finance leaders are tasked with overseeing above the balance...

Quick Reads
Banks Face Complex Cyber Risks From Anthropic’s Mythos

April 13, 2026
Anthropic’s new artificial intelligence (AI) model Mythos poses a significant threat to the banking industry, as it could expose legacy systems to “unprecedented cyber risks,” Reuters reported Monday (April 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

Kraken Reports Criminal Extortion Attempt Involving Insider Recruitment

April 13, 2026
Global digital asset exchange Kraken is being extorted by a criminal group that is threatening to release videos of the company’s internal systems with client data shown if the firm does not...

FBI Flags $893 Million in AI-Driven Scams

April 07, 2026
The FBI’s Internet Crime Complaint Center (IC3) received 22,364 internet crime complaints that contained references to artificial intelligence (AI) in 2025. Get the Full Story Complete the form to unlock...

FCC Alleges Voxbeam Enabled Bank Impersonation Robocalls

April 06, 2026
The Federal Communications Commission (FCC) has found an Orlando-based voice service provider, Voxbeam Telecommunications, “apparently liable” for accepting suspicious call traffic, enabling bank impersonation robocalls to be transmitted to U.S....