Carter Pape

Scambaiting, which started as a genre of YouTube content, is now a full-blown tech tactic — with support from Australia's biggest bank.

Trade groups representing banks and utilities urged lawmakers to reauthorize the CISA law before it expires in September.

The breach occurred through a vulnerability in third-party file transfer software, and it took weeks for the bank to discover it.

Google Cloud trails Amazon and Microsoft in market share and is looking to catch up by trying to be one of multiple providers that companies use.

The hires, meant to shore up a division that has not been as tech-forward as leadership would like, have included Morgan Stanley and J.P. Morgan veterans.

The card network said it saved would-be victims $350 million in the first year after it combined several crime-fighting units.

Both consumers and banks reported that the rate of fraud and scams has steadied, according to Fincen and FTC data, but the total cost continued rising.

The country's central bank cited geopolitical uncertainty and the increased reliance on digital payments as a reason to focus on offline payments as a backup. Also, a look at U.K. bank outages and other news in American Banker's global payments and fintech roundup.

A new order requires certain non-bank financial companies in certain ZIP codes to report transactions over $200, much lower than the previous $10,000 threshold.

The National Institute of Standards and Technology is standardizing a second encryption algorithm to bolster protections against quantum threats.

Lloyds Banking Group said its system reduces false security alerts by up to 92%, and AI developments could further improve its performance.

Secretary of Defense Pete Hegseth's decision to halt operations against Russia could weaken intelligence important to banks defending against attackers.

The alleged ringleader and 23 others face charges in a bank fraud scheme spanning three south-central counties.

The bank is partnering with the fraud protection platform to offer tools to help clients — especially older adults — avoid scams and financial mistakes.

Big banks are investing in quantum computing. What does that mean for the future of finance? And, more importantly, will they ever become useful?

Lazarus Group, hackers based in North Korea, tricked Bybit CEO Ben Zhou into approving a transfer of 400,000 ethereum tokens from his company's cold wallet.

The hacker group NoName057 claimed responsibility for DDoS attacks on major Italian banks, citing President Mattarella's remarks on Russia's invasion of Ukraine.

A notification from Finastra to victims reveals that a data breach reported late last year compromised some consumer financial information.

The payment card industry must upgrade encryption before quantum computers render current security methods obsolete, FS-ISAC warned.

Eric Council, Jr. will spend two years in prison for an identity theft scheme that led to a false post by the SEC on X that bitcoin ETFs had been approved.