2025 State of Fraud Report from Alloy finds that fraud events are rising steadily; financial criminals and fraud rings are the main culprits behind attacks NEW YORK, Jan. 28, 2025 /PRNewswire ...

Trouble is, AI makes criminals more efficient, too. Thanks to increasingly sophisticated digital tools, bank scams and frauds have become a pervasive threat to consumers and financial institutions ...

The financial industry has witnessed a significant transformation over the past decade. As globalization fosters economic ...

The way we interact with money is changing fast, and voice technology is at the forefront of this transformation. Imagine checking your account balance while cooking dinner, transferring funds during ...

As more credit unions expand their service offering from retail into business, they look to others in the industry who may ...

One situation that concerns community banks about check fraud is when their customers write legitimate checks that fraudsters counterfeit. When a fraudster deposits that check at another bank, the ...

TIFTON, Ga. (WALB) - South Georgia Banking company is warning their customers of a fraud alert. “We have received reports of text fraud and phone calls that appear to be from South Georgia ...

The Central Bureau of Investigation (CBI) and the Chief Vigilance Officers (CVOs) of public sector banks will henceforth have regular meetings on the cases of bank loan fraud for enhanced ...

A former bank manager, among five people, was sentenced to five years of rigorous imprisonment (RI) in connection with a multi-crore bank fraud case, taking the total number of accused to 20. The ...

However, in other cases victims of frauds may have had lost sums returned to them by their bank, with neither the victim nor financial institution reporting the matter for investigation.