Gen AI has created a "paradise" for fraudsters, said Joel Winteregg, CEO of Vyntra. Just as Interpol coordinates across ...

Swaminathan J, Deputy Governor, Reserve Bank of India, has delivered a speech titled AI in Finance: What can change, what must never change. He noted that AI-enabled systems can make customer ...

The Milan cybersecurity firm’s Series B bets that predictive defence, not reactive detection, is how banks survive the AI fraud wave For more than a decade, Cleafy has been telling banks that waiting ...

Key insight: Passive, real-time call fraud scoring reduced fraud exposure and improved member experience for MSUFCU. Expert quote: Fraud strategist Frank McKenna said humans can't reliably detect ...

As South African banks grapple with the complexities of modern fraud, this cautionary tale serves as a vital reminder for consumers: remain vigilant, know your rights, and ensure your financial ...

Picture this: Your accounts payable team is racing to process payments before month-end. An email arrives from a trusted supplier asking to update their bank account details. The request looks ...

National Development Bank PLC (NDB Bank) yesterday said it has detected a fraud involving certain employees acting in connivance with third parties, with preliminary indications placing the exposure ...

Bank accounts linked to financial fraud in the past three months have nearly doubled from a year earlier, underscoring ...

The Indian Digital Payment Intelligence Corporation (IDPIC) has named K. Satyanarayana Raju as its new Managing Director and CEO. With a rich background in banking, Mr. Raju is set to enhance IDPIC's ...