Browsing: fraud

In its Q3 Fraud Trends report, Equifax says mortgage fraud rates slipped about 10 basis points year over year to 0.19% of applications, reflecting a slowdown…

Key insight: The European Central Bank is building a centralized fraud detection system to support payment providers and secure every digital euro transaction.What’s at stake: Establishing…

Key insight: Criminals exploited the banking system’s “check float” period as a core part of the scheme.What’s at stake: The scheme compromised the personal and financial…

What’s at stake: American families face the prospect of losing their life savings to increasingly sophisticated criminal fraud networks.Forward look: Republicans seek whole-of-government coordination to combat…

A Tricolor dealership in Houston on Sept. 11, 2025. Tricolor Holdings, a used car seller and subprime lender that focuses on undocumented immigrants in the Southwest,…

What is Regulation E? Protect yourself from electronic banking fraud and errors Source link

SMS-based multifactor authentication is now so badly compromised that it has become a major vector for fraud, writes Veena Dandapani, of First Bank.Adobe Stock A customer…

Key Insight: Alerting an elderly client’s “trusted contacts” can be a fast way to short-circuit a scam, but experts say it must be done carefully.Supporting Data:…

Financial incentiveThe main reason a borrower could be motivated to claim a primary residence on a mortgage application is to get a lower interest rate for…

More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency…