The Financial Exploitation Prevention Act of 2025 is aimed at preventing adults age 65 or older or those with disabilities ...

Three forces are coming together to eliminate financial fraud before it happens: AI-Powered Fraud Prevention – Real-time, self-learning algorithms capable of detecting deception before money moves.

Today, the Aspen Institute Financial Security Program (Aspen FSP) announced the launch of the Scam Prevention Initiative, a ...

This type of fraud is when consumers dispute a legitimate transaction.

AI is a particularly powerful tool in the hands of fraudsters. Fraud powered by generative AI is only limited by the criminal's imagination. When it comes to preventing financial fraud, many experts ...

Industry leaders say collaboration is key to combating organised financial crime. Financial institutions can no longer fight ...

Financial frauds and scams are no longer isolated challenges; they are a systemic threat to public trust on financial system, economic resilience and national development. ..

The regional bank and California credit union are implementing strategies aimed at detecting scams earlier and being more proactive.

Fraudsters are getting bolder and more sophisticated in their attacks on the financial sector. Their increasingly complex schemes are breaching institutional security and eroding the very foundation ...

DataVisor, the AI-native real-time decisioning platform for fraud and financial crime prevention, today announced that its customer, NASA Federal Credit Union (NASA FCU), won the C elent Model Risk ...

Multi-year project aims to help institutions better support aging customers and their families through the complex financial threats facing older adults today. “GreyMatter wasn’t built once—it’s built ...

The Financial Supervisory Service and the Korea Federation of Banks announced Monday that they have revised and published the ...