While fraudsters are using AI to move faster, financial institutions need AI that’s just as agile—and infinitely smarter.

Earlier, the RBI had announced new regulations to combat rising financial fraud carried out through voice calls and SMS, directing all regulated entities to implement safeguards by March 31. "Beware!

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. The former operator of one of the largest HomeVestors ...

Sean Anthony Eddy / Getty Images Fraud occurs when an entity, such as a person or institution, intentionally deceives others for financial or personal gain. Fraud is an intentional act of deceit ...

RALEIGH, N.C. (WNCN) — A Raleigh pastor has pleaded guilty to a fraud charge in connection with $400,000 worth of COVID-19 loans. According to the office of Acting United States Attorney for the ...

The Department of Justice (DOJ) has reportedly informed victims’ families of two fatal Boeing 737 MAX8 aircraft crashes that it is dismissing criminal fraud charges against the airplane ...

Relationship fraud is on the rise in Canada. Here’s how to protect yourself, and what to do if a “friend” isn’t who they claimed to be. To be defrauded by scammers over the internet is bad ...

Market maturity levels vary globally, while minimal recourse for fund recovery makes application fraud particularly attractive to criminal networks. Fraud rates vary significantly by region. North ...

Father-son pairing Randy and Chad Miller pleaded guilty Wednesday to a $284M bond scheme that defrauded several major investors about the prospects for a huge sports park in Mesa, Arizona ...

An Iowa member of the U.S. House is sponsoring legislation he says would strengthen investigations into SNAP fraud and restore payments to people whose benefits are stolen. Iowa's 3rd District Rep.

This is one of the first known cases of fraud. Fraud and theft rank among humanity’s oldest offenses. From biblical tales of deception to the clear injunction “Thou shalt not steal” in the ...