It is only in the past 10 years or so that banks and mortgage lenders have faced heightened risk from wire fraud losses. In this time period, lenders have been forced to uncover and defend the ...

Wire fraud losses often aren’t protected by the FDIC or the Electronic Funds Transfer Act. Here’s what banks cover, what they don’t, and when insurance may help.

Recent court rulings, including the Supreme Court's, have narrowed the scope of the federal wire fraud statute, emphasizing that it only applies when money or traditional property interests are the ...

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...

One unmistakable insight is that remote (online) transactions are the epicenter of payment fraud. The report shows that across cards, credit transfers, and e-money, the vast majority of fraudulent ...