Carter Pape

From mail theft to video games, a variety of trends shaped scams and fraud in 2024 — and made the schemes more expensive for everyone.

The company said the P2P payment service the bureau seeks to supervise presents no risk to consumers because it is no longer offered in the U.S.

The holiday season presents online shopping and charity scam risks, and this year presents a novel threat of AI-assisted fraud. Here's how banks are helping their customers avoid these schemes.

The FDIC, OCC, NCUA and Fed each signed onto a letter that detailed strategies for mitigating financial crimes against older Americans.

In a report Tuesday, credit bureau Experian predicted that government identity systems could get an update in the coming year. Here's what else could happen.

While companies tend to amp up warnings to consumers about fraud and scams during the holidays, institutions may also need to bulk up their defenses.

The breach, which occurred earlier in November, did not directly impact customer operations, but a threat actor stole data meant for customers.

The five-part framework suggests both technical and governance solutions to protect consumers from losing money to scammers and fraudsters.

The bureau suggested this week that states should remove the exemptions banks enjoy from data privacy laws. California is a prime candidate to act.

The Treasury's financial crimes arm alerted banks to the dangers of AI-powered fraud, urging close monitoring and swift reporting of any suspicious activity.