A new industry report from Celent, commissioned by Zest AI, reveals that fraud has moved from an operational cost to a direct ...

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 ...

Mortgage fraud happens when someone omits or falsifies information in connection with the process of buying a house. This can be from predatory lenders trying to defraud borrowers or from borrowers ...

Fraud attacks are at an all-time high. According to the FTC, in 2023, U.S. consumers reported losing more than $10 billion to fraud, a 14% increase over 2022 and the highest dollar amount ever ...

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 ...

Equifax recently outlined how fabricated identities, stitched together from fragments of real and fictitious personal data, are gaming the lending system at a scale that traditional verification ...

The latest fraud stats make uncomfortable reading. Fraud is growing – relentlessly. According to a report published in 2023 by the Association of Certified Fraud Examiners (ACFE), up to five percent ...

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 ...

First-party fraud, also known as “friendly fraud,” accounted for 36% of all fraud globally in 2024, up from 15% the previous year, says LexisNexis Risk Solutions’ Cybercrime report. First-party fraud ...

Analysis of the UK’s largest database of syndicated risk intelligence shows ID fraud is the top fraud type reported by banks and other financial service providers, accounting for 45% of all adverse ...