Last year, US banks used real-time machine learning to flag over 90 percent of suspected fraud, yet almost half of chargeback ...

A Russian national pleaded guilty to a wire fraud conspiracy charge related to his role in administering the Phobos ransomware operation, which breached hundreds of victims worldwide.

It started with a voicemail from a Hertz rental car location in Miami, Florida. A 57-year-old woman in Los Alamitos, California, was asked when she planned to return a Mercedes-Benz she had never ...

Credit card companies are constantly touting the benefits of their rewards programs, promising free flights, airport lounge access, exclusive restaurant reservations, and more for customers who choose ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The move demonstrates how usage of AI and machine learning in ...

Businesses may ask you to pay credit card surcharges, also known as checkout fees, when you pay with a credit card. These fees make credit card purchases more costly, even if it’s just a small ...

Cleafy has raised funding to expand its cybersecurity platform for banks, which analyses digital signals to detect and prevent fraud and cyberattacks earlier, while growing its presence across ...

Credit card companies are coming under bipartisan attack in Washington as persistent inflation leaves many Americans struggling to make ends meet. The economic uncertainty has even put President ...

Learn how credit card cloning happens and discover essential strategies to safeguard your information against unauthorized access and potential financial losses.