The evolution of financial scams
What a century of fraud can teach banks about the next generation of risk.
Tag: Identity fraud
ABA Fraudcast: How AI is supercharging identity fraud
The push for international collaboration, more education and tools such as passkeys to reduce phishing risks.
AI romance, ‘machine-to-machine’ scams among top 2026 fraud trends
Romance scams carried out by artificial intelligence and computers scamming other computers are among the top five fraud trends to ...
ABA Fraudcast: The bank that breaks the spell
Santander UK’s scam-interruption team confronts delicate issues for customers in difficult moments.
Overseeing the AI wave: How banks and boards can move fast — without breaking trust
The future of banking will be defined not by whether banks use AI, but by how wisely they do so.
G7 group issues document on AI benefits, risks to financial system
A G7 working group has released a statement outlining what policymakers and financial institutions should consider when weighing the potential ...
ABA Foundation, FBI release infographic on deepfake scams
The ABA Foundation and FBI released a new infographic aimed at educating the public about the growing threat of deepfake ...
Enhancements, cost reductions announced for Social Security verification system
SSA announced a plan to reduce costs and enhance its Electronic Consent Based Social Security Number Verification, which allows financial ...
Study finds most people can’t spot deepfakes
A recent study found that the vast majority of participants couldn’t distinguish between real content and deepfake images and video, ...
FBI issues warning on AI used for financial fraud
The FBI issued a warning to the public that criminals are using generative artificial intelligence to commit financial fraud and ...
