A little-used reporting order, normally aimed at money laundering, is now at the center of a sweeping federal response to ...

Philadelphia woman nearly scammed via fake tech support call AI enables more convincing scams, targeting vulnerable individuals U.S. victims lost up to $158 billion to scams last year New fraud center ...

The New Jersey Attorney General and Division of Consumer Affairs announced March 26 the launch of a new online portal. The tool aims to make it easier for financial professionals to report suspected ...

As audit committees get down to business, they face risks related to technology but also can empower their organizations to ...

Online fraud is spiraling, costing businesses tens of millions each year, and financial institutions are waking up to the reality that fraud is no longer just a compliance issue or a customer service ...

A new independent research commissioned by Somos has found that fraud has become a permanent, pervasive challenge for financial institutions, with costs that extend from lost revenue and compliance ...

Identifying and assessing the risks of material misstatement due to fraud are among the most challenging aspects of auditing in recent years, according to outreach conducted by the AICPA Auditing ...

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose. Promoting financial integrity and operational ...

When discussing risk in accounting, the focus typically shifts to fraud, intentional misconduct and bad actors. However, many of the most damaging issues in financial reporting and tax compliance stem ...

2026 State of Fraud Report from Alloy finds the top consequences of fraud are the loss due to goodwill credit to clients, direct financial losses and reputational damage 91% of decision makers ...

Fraud powered by generative AI is only limited by the criminal’s imagination. When it comes to preventing financial fraud, many experts optimistically predicted that AI would serve as the “silver ...

The Central Bank of Nigeria (CBN) has urged banks and other financial institutions to take prompt action in addressing ...