As Account Takeover Fraud Surges, Banks Turn to Tech and Training to Push Back
By Ken McCarthy, Tyfone/FinXTech.com
Account takeover fraud is emerging as one of the most pressing threats in the American financial system, costing consumers a staggering $15.6 billion in 2024, according to a new report from Javelin Strategy & Research.
That figure represents a sharp rise from the $12.7 billion reported just a year earlier, underscoring the growing sophistication of cybercriminals and the limitations of outdated security systems.
Read MorePayments Fraud Risks Burgeon with AI
By Lynne Marek, Payments Dive
The artificial intelligence threats are mounting, but so are the defenses, as new industry trends take hold, from agentic commerce to passkey adoption.
Combatting payments fraud isn’t likely to get easier this year, and some professionals acknowledge it could get tougher as artificial intelligence spawns new threats…
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Why AI Literacy Matters in 2026 AML Operations
By FinTech Global
Artificial intelligence has shifted from science-fiction novelty to a core component of modern compliance.
What once evoked images of HAL or Skynet is now deeply entwined with everyday anti-financial crime processes—or, more accurately, it should be. According to RelyComply, for regulatory leaders, the priority is no longer learning how algorithms are written, but developing genuine AI literacy: a practical grasp of how these systems function, their value, and the risks they carry…
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