Four associations argue it would encourage scams and harm financial inclusion

The majority (84%) of countries also experienced a rise in cyber attacks over the past two years

Conference to be held at the University of Chicago, Booth Business School Downtown

Despite their efforts and technological investments, banks cannot fight fraud on their own

Focus on cybersecurity compliance, while critical, has sparked a debate about its potential to stifle innovation, particularly for credit unions

Discussed the common challenges anti-fraud professionals face in the generative AI age

The bill aims to establish a new federal statuary framework to govern ATM robbery offenses

More than half of banks lost between $5 million and $25 million to AI-based crime last year

Banks spend 10 times the regulator’s estimates when filing a suspicious activity report

Nearly half of consumers would take part in training about how to stay safe online