Fraud in payments is growing more sophisticated, forcing payment service providers (PSPs) to rethink their defenses. Today’s fraudsters are even leveraging AI tools to scale attacks and evade ...
Forbes contributors publish independent expert analyses and insights. Dr. Lance B. Eliot is a world-renowned AI scientist and consultant. In today’s column, I explore a clever AI safeguarding approach ...
The National Automated Clearing House Association, or Nacha, is introducing two-phased fraud monitoring rule changes starting in March 2026, reshaping compliance obligations for U.S. banks, credit ...
According to recently announced FTC data, consumers lost more than $12.5bn to fraud last year, which represents a 25% increase over the prior year. With the advent of AI and other modern technology ...