“Fraud detection today is about precision, not just protection. The ability to differentiate legitimate customers from ...

Indian banks accelerating AI adoption for financial crime compliance: Report ...

In the years after 2008, private credit quietly stepped into the gap left by banks, building an industry powerful enough to shape the entire flow of American money. With almost no oversight, the ...

Your favorite latte at the local coffee shop could soon cost $5, $5.10 or $5.25—depending on how you pay. A settlement between Visa, Mastercard and U.S. merchants announced this week could usher in a ...

The real price of a premium credit card isn’t the three-digit annual fee. For some, it’s the hours spent in spreadsheets trying to get their money’s worth. Eric and Charlene May have an arsenal of 14 ...

International authorities have dismantled three massive credit card fraud and money laundering networks, linked to losses exceeding €300 million ($344 million) and affecting over 4.3 million ...

The ink was barely dry on BlackRock Inc.’s $12 billion acquisition of HPS Investment Partners when executives at the private credit giant realized one of their investments had gone horribly wrong. HPS ...

Authorities in Santa Clara County say they have broken up a huge theft and fraud ring that targeted major retailers, along with hundreds of elderly victims across the country. The Santa Clara County ...

Credit card balances have dropped 2.5% in the past 12 months – the largest decline we've seen since the height of the COVID-19 pandemic in 2020 – and credit card spending has dipped for the third time ...

Regional bank stocks were pummeled on Thursday due to credit quality concerns spurred by several regional lenders' latest disclosures about alleged borrower fraud. The KBW Nasdaq Regional Banking ...