The president’s order comes a day after industry executives emphasized the need for better coordination among lenders, law enforcement and government at a House subcommittee hearing.

Standard Bank faces mounting fraud complaints linked to compromised accounts and internal vulnerabilities, causing customer backlash over privacy violations.

If you’re one of CommBank’s 17 million customers, don’t panic. But given how well AI can now fake documents, all banks will need to rethink their security.

Jay Johnson, 50, of North Carolina, has been accused of participating in a multi-state bank fraud scheme. Credit: Courtesy of Merrimack Circuit Court Boscawen police arrested an individual earlier ...

The detection of a Rs 590-crore fraud in Haryana is a wake-up call.

Without automated bank account verification in place, organizations leave themselves wide open to costly, damaging fraud ...

RBI proposes compensation for small-value digital banking fraud, offering up to ₹25,000 to victims and introducing stricter safeguards, alerts and complaint timelines for banks.

Tammy Thomas, CPA/CFF, CGMA, is a co-author of the most recent FVS Eye on Fraud report, focused on the importance of internal controls preventing employee embezzlement. In this episode, Thomas breaks ...

Gooch, Chairman, President and CEO of Community Trust Bancorp, Inc., is pleased to announce that Tracy A. Wesley has been promoted to the position of EVP, Chief Internal Audit and Risk Officer of ...

IDFC First Bank shares crashed nearly 20% to an intraday low of ₹66.85 after the bank disclosed a ₹590 crore fraud involving unauthorised transactions linked to government accounts at its Chandigarh ...

IDFC First Bank drops after branch fraud, but JP Morgan sees a 30% upside—track updates and see if recovery is on the cards.

Mark A. Gooch, Chairman, President and CEO of Community Trust Bancorp, Inc., has announced that Tracy A. Wesley has been ...