With so many data breaches targeting merchants, banks should not assume they are in the clear. Banks are, after all, where the money is.

Airlines have become a magnet for online fraud, as criminals refined methods to tap channels with higher payoffs.

Issuance of securities backed by the ostensible Libor replacement hit by money market turmoil; Jho Low will surrender luxury assets.

While sophisticated computer algorithms are increasingly used in the fight against fraud, criminals are still exploiting various loopholes to access consumer card and bank details, particularly for those opening new accounts.

Anticipating demand from internet of things and advanced smartphones, Fingerprint Cards AB has launched a new multi-biometric technology platform that combines iris screening with facial recognition.

As the number of payment types and channels increase, manual processes to handle fraud can rapidly become unmanageable, says The ai Corporation's Oliver Tearle.

As consumers are increasingly moving to mobile devices to conduct financial transactions, they are enticing fraudsters to follow them into the mobile channel, according to new research from TransUnion's iovation unit.

The government has used the law to bring fraud claims against Federal Housing Administration lenders, but the new steps respond to criticism that minor offenders were also getting punished.

With more baby boomers aging, credit unions must adopt policies and practices to help identify and stop these crimes.

New tech can help banks with less cumbersome systems track suspicious activity more effectively.