Computer scientists have developed an intelligent undersampling framework that combines density-aware boundary selection with ...

Most fraud detection gets deployed at crude, arbitrarily chosen thresholds that actively hemorrhage millions. Here's how ...

For card issuers, artificial intelligence is moving closer to the transaction itself. Eighty-nine percent of issuers plan to adopt or expand at least one ...

Frank Abagnale spent years fooling banks, businesses and government agencies before becoming one of the country’s best-known fraud experts. Now, the former con man made famous by the movie “Catch Me ...

A Chinese-speaking threat actor ran three open-source AI agent frameworks against hundreds of online retailers this summer — autonomously, at a marginal cost of roughly $25 per company — stealing more ...

This week I bring news of a daring casino caper hatched by a pair of rogue AI agents—as well as the clever trick that revealed their antics. After researchers instructed them to count cards during a ...

In February, a company processing debit-card transactions for Polymarket’s U.S. betting platform delivered some alarming news: Fraudsters were flooding the app. Users were linking stolen debit cards ...

Credit cardholders who discover unauthorized charges are protected against liability if reported within 60 days, though banks may initially deny fraud claims. Consumer Adviser Clark Howard tells ...

Credit cardholders who discover unauthorized charges are protected against liability if reported within 60 days, though banks may initially deny fraud claims. Tom Cruise’s meltdown over film ‘Digger’ ...

Travel agencies are susceptible to fraud because of the nature of what they do: Criminals are attracted to pricey transactions made without the presence of a physical credit card. And in the era of AI ...

Zombie credit cards refer to card accounts that come back to life after their expiration dates because of security failures. Researchers demonstrated how fraudsters can create zombie credit cards so ...

The National Fraud Detection Center operates under the Justice Department's new National Fraud Enforcement Division that was created earlier this year. For years, information about fraud against ...