An open letter to the Minister of Finance on bank fraud accountability

Consumers are increasingly falling victim to cybercrime through banks, leaving them vulnerable and without recourse. This ...
AOL

An $8.8M fraud ring targeting elderly busted after ‘suspicious’ banking led to multi-state probe — how they were caught

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 ...
Forbes

AI Applications In Fraud Detection In The Banking Industry

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

5 types of digital banking fraud in India and safety tips to protect your money

Digital banking frauds in India are rising as scammers use UPI scams, phishing attacks and OTP frauds, making online banking ...
JournalofAccountancy

Ancient Greece to AI: The past and future of bank fraud

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 ...