American financial institutions face an escalating challenge: criminals are systematically weaponizing US bank accounts to move, disguise and launder illicit funds. Over the past five years, evidence ...

Zions Bancorporation’s massive loss sparks fears about hidden problems across America’s banking system A stunning fraud case has sent shockwaves through America’s banking system, leaving customers and ...

A massive bank fraud operation that stole nearly $9 million from elderly Americans has been shut down, and it all unraveled because of one suspicious transfer. The $250,000 deposit into a newly opened ...

Bank of America is using an old-fashioned method to fight fraud, but it has a new word for it. The method: in-person seminars. The word: "scaminars." Between now and the end of 2026, America's ...

The RBI's proposal aims to reduce the financial burden on genuine victims while encouraging people to report fraud immediately ...

A wave of smarter, more sophisticated scams hit consumers last year.

Accounts payable (AP) fraud is a growing concern for businesses of all sizes. The Association of Certified Fraud Examiners (ACFE) reports that organizations lose about 5% of annual revenue to ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Q: What are the most important steps consumers and ...

Generative artificial intelligence is transforming financial fraud from a predominantly human-driven endeavor into a scalable, automated, and highly personalized threat. The emergence of synthetic ...

David Stone, CPA, CFE, MBA, is the author of the most recent FVS Eye on Fraud report. In this episode, Stone, senior manager–Financial Services Practice Group at BerryDunn, shares insights from the ...

Digital banking has made financial transactions faster, seamless and more comfortable. Still, the growing use of digital banking, online fund transfer platforms, UPI payments and mobile wallets has ...