Fraud prevention

Whether due to costs, growing cyber threats or other factors, a growing number of credit unions are outsourcing an important C-level security role.

The concept of privacy is evolving in the digital age in ways that demand new attention from policymakers. As stewards of considerable personal information, banks should prepare to take part in this debate.

A new kind of ATM fraud has begun to hit U.S. financial institutions. Here's how to protect your credit union.

Employees at the second-largest Indian bank falsified documents in a scheme that ultimately cost the institution at least $2 billion. Some argue a distributed ledger would have helped prevent or minimize the fraud.

Remote deposit capture fraud remains a threat, but analysts say that's just the tip of the iceberg. Here's how credit unions can better protect themselves -- and their members.

To keep up with the fast-moving payments industry and avoid damaging their own bottom line, it’s time for merchants to start paying attention, writes Todd Linden, CEO of payment processing for North America at Paysafe.

Financial companies that derive most of their revenue from online and mobile channels have substantially higher fraud costs than do similarly sized companies that rely less on the internet, according to a new report.

Financial institutions and retail companies are trading barbs over which industry poses greater risk to sensitive customer information just as lawmakers are planning to take another stab at a data security bill.

Aspiration Bank relies on software tools to pull data from diverse sources to prevent fraud in account applications.

The MyCUID product is intended to help membes protect against fraud and identity theft by creating a lifetime "portable digital identity" not dependent on any central authority.