Browsing: fraud

For Visa and rival Mastercard, fighting the explosion of fraud attempts is both a big expense–and an opportunity for profit. Visa’s Cyber Fusion Center in Ashburn,…

The Internal Revenue Service’s Criminal Investigation unit has embarked on a new initiative for engaging with financial institutions as it makes greater use of banking data…

The Social Security Office in Alhambra, California.Mario Anzuoni | ReutersAs the Social Security Administration seeks to curb identity fraud, more people will now be required to…

Tomasz Zajda – stock.adobe.com Preventing fraud and scams can be a case of whack-a-mole for banks and payments companies as bad actors deploy new technologies to…

Social Security Administration officials are considering a policy that would strip benefits from … [+] thousands of people.Getty Images Social Security Administration Eyes Cutting Off Payments…

South_agency | E+ | Getty ImagesConsumers lost $5.7 billion to investment scams in 2024 — more than in any other type of fraud and up 24%…

WASHINGTON, DC – MARCH 11: President Trump and Senior Advisor Elon Musk sit in a Tesla Model S on … [+] the South Lawn of the…

Enjoy complimentary access to top ideas and insights — selected by our editors. Adena Friedman, chief executive officer of Nasdaq, at the World Economic Forum in…

Pennsylvania law enforcement charged 24 suspected members of a fraud ring that has stolen more than $3 million from banks and their customers, the state’s attorney…

Boston, USA – June 8, 2012: The facade of a Citizens Bank location in Boston, Massachusetts. … [+] Citizens Bank is part of the Citizens Financial…