Fraud detection is a set of activities undertaken to prevent money or property from being obtained through false pretenses. Fraud detection is applied to many industries, such as banking and insurance ...

South Africa is not losing the fight against fraud because it lacks technology. It is being challenged because fraud is evolving faster than institutions can respond in isolation. By Salomon Erasmus, ...

Fraud doesn’t mean what it used to. A string of high-profile federal prosecutions are falling apart as courts apply a newly narrowed legal definition of the crime. The latest case came this week in ...

Forget phishing attempts and AI deepfakes - one of the biggest challenges for merchants today is misuse and confusion over how we define fraud. Fraud in financial services is specifically defined as ...

Defense attorney Alina Habba called the assets at issue 'Mona Lisa" properties—meaning they couldn't be overvalued as long as there was a prospective buyer who would pay the stated price. The ...