Finance
Lloyds CEO’s 5 Money Rules: Automate Savings, Spot Scams, Avoid Finfluencers
Charlie Nunn, CEO of the UK's largest bank, shares his top five strategies for managing personal finances, from automating savings to navigating...
#fraud prevention 7 articles
Finance
Kim Bill Seeks Extended Holds on Suspicious Funds to Combat Fraud
Representative Young Kim has introduced legislation allowing financial institutions more time to investigate suspicious checks and wire transfers, aiming to curb rising...
Finance
Banks Confront AI Autonomy: Who Owns the Machine’s Decisions?
As banks embrace agentic AI, shifting from assistive automation to autonomous task execution, the critical question of accountability for machine-driven decisions takes...
Finance
Agentic AI Forces Rethink on False Payment Declines
Agentic AI is shifting payment system focus from fraud prevention to confidently recognizing good transactions. This demands a new approach to false...
Finance
SEC Enforcement Director Woodcock Reaffirms ‘Back to Basics’ Investor Protection
SEC Enforcement Director David Woodcock detailed a 'back to basics' agenda on May 13, focusing on investor protection and market integrity. He...
Finance
OTP Security Fails as Automation and Deception Escalate
One-time passwords, once a trusted security measure for banks, are now insufficient against sophisticated automated attacks and social engineering, experts warn.
Finance
37% of Businesses Now See Instant Payments as Security Boost
A recent report indicates a significant shift in business perception, with 37% now viewing instant payments as a security enhancement, up from...