Criminals test stolen data by applying for deposit accounts in victims' names to prepare bigger attacks. Learn why banks won't share fraud details.

Payment fraud is an increasing and ever-evolving threat, impacting businesses of all sizes. According to the FBI’s 2024 Internet Crime Report, business email compromise (BEC) scams led to reported ...

Preventing fraud and scams can be a case of whack a mole for banks and payments companies as bad actors deploy new technologies to fool consumers and employees. But there are steps financial ...

If you’ve ever spotted a suspicious charge on your debit or credit card, you’re not alone. How your bank or card issuer handles credit card fraud disputes has a bigger impact than you might think. It ...

Regional bank stocks were pummeled on Thursday due to credit quality concerns spurred by several regional lenders' latest disclosures about alleged borrower fraud. The KBW Nasdaq Regional Banking ...

Credit card fraud is the most common form of identity theft, according to the Federal Trade Commission (FTC). The four major credit card networks — Visa, Mastercard, American Express and Discover — ...

Lying on a credit card application is fraud and can have serious legal consequences. You shouldn’t need to lie to qualify for a credit card because there are cards available for all types of financial ...

The European Parliament and the Council have reached a political agreement on sweeping reforms of the EU’s payment services framework. The aim is to deliver stronger safeguards against fraud, clearer ...