David Maimon warned lawmakers that criminals use AI-generated deepfake video and fake documents to defeat identity verification and steal taxpayer money.

As the rise of generative artificial intelligence (AI) technologies has created new opportunities for businesses and individuals looking to leverage those new tools, it has also opened the door to the ...

Deepfake-generating software has been evolving from a toy into a legitimate fraud threat, but evidence suggests that progression is happening more slowly than predicted. World Economic Forum (WEF) ...

The House Financial Services Committee's Republican majority backed slower funds availability and declined to shift authorized-scam losses onto banks.

We have the power to transfer money to anyone, from anywhere, without having to step foot in a bank branch. And with great power comes great responsibility amid bank transfer or payment fraud ...

US retailers are adopting a new fraud framework as criminals use increasingly complex methods across stores and digital channels.

It’s early days for artificial intelligence use, but already most consumers—74%—are concerned it could be used to advance further fraud attacks. That’s the word from risk-management provider Abrigo in ...

As artificial intelligence continues to gain momentum across industries, bank fraud has risen across multiple countries, raising concerns about the scale of financial losses financial institutions may ...

The federal government is turning to artificial intelligence as part of a national strategy to combat a surge in fraud cases estimated to cost Canadians billions of dollars each year. The RCMP’s ...

Global business intelligence and risk prevention provider, ClearSale has announced a new portfolio of fraud prevention tools designed to meet the evolving needs of today's digital retail landscape.

Today’s fast-paced online world is underlined by systems that allow it to move that fast. Whether it’s the latest advancements to transport systems, faster internet connections, or more real-time ...

Add Yahoo as a preferred source to see more of our stories on Google. A fraud expert who testified before the House Oversight Committee Wednesday warned the federal government lacks the tools and ...