Technology will have a huge role to play in fraud detection with GenAI and consortium analytics shown to have the most promise The NICE Actimize “2025 EMEA Financial Fraud Trends and Investment ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

One of the most underestimated parts of being a savvy investor is identifying and defending against financial abuse and exploitation. While seniors and those with disabilities are frequent targets, ...

In 2023, an estimated $3.1 trillion in illicit funds flowed through the global financial system. Projected global losses from scams and bank fraud schemes exceeded $485 billion. [1] Fines and ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

In the world of finance, artificial intelligence (AI) has emerged as both a tool and a generator of new problems. It brings forth innovation, productivity and efficiencies for companies, however, it ...

Car insurance fraud costs policyholders up to $700 each year — even if they’ve never been involved in an insurance scam. Policyholders should be aware of common insurance scams run by agents and ...

Financial scams are rising, with losses amounting to $8.8 billion in 2022 alone. According to the United States Federal Trade Commission, losses from financial fraud have increased by 30% from 2021 to ...

The rise in bank fraud has reached unprecedented levels, with a 70% increase in just one year, resulting in $5.8 billion in losses. According to the Federal Trade Commission (FTC), this surge has ...

Nevada has the highest rate of financial fraud per capita in the nation, according to a new report. Through an analysis of Federal Bureau of Investigation internet crime data from 2022 and census data ...