Fraud prevention

CO-OP Financial Services is currently pilot testing the new data-driven tool with credit unions in its shared branching network.

A mortgage fraud scheme involving fake employment records, initially thought to be contained to Southern California, is occurring statewide, Fannie Mae said in a new fraud alert.

Wire and other payments fraud affected a record number of businesses last year, and the FBI is warning in particular about real estate scams.

Fallout from the Equifax breach is coming into clearer focus as more companies begin pinpointing its effects over the last several months.

Judge says agency should not exist; the Fed says the largest banks are “strongly capitalized” and could withstand a severe crisis.

E-commerce payment fraud losses are mounting, giving merchants the opportunity to dump responsibility on their technology partners, but there's no surefire way to totally offload the financial hit.

From a refresher on basic payments terminology to the new battle of VHS vs. Betamax, here are some of the highlights from the recent Trellance conference in Fort Lauderdale.

What was unusual about CEO Kam Wong's alleged fraud wasn't that it happened but that it happened at such a large credit union.

A new set of principles by Envestnet’s Yodlee, Quovo and Morningstar's ByAllAccounts aims to settle a much-debated issue in data sharing: which party is liable when a hack occurs.

Among the findings, credit unions may not be doing enough to protect against malware, which involved in nearly 40 percent of hacking incidents, as well as Trojan botnets and denial of service attacks.