Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...

Types of Insurance Frauds Committed Against Consumers Consumers who fall victim to these frauds can suffer financial loss, damage to their reputation, and may even face legal consequences. The ...

Republican lawmakers continue to push for investigations into what they claim may be widespread fraud in Maine.

Technology will have a huge role to play in fraud detection with GenAI and consortium analytics shown to have the most promise The NICE Actimize “2025 EMEA Financial Fraud Trends and Investment ...

Cotality's Q3 2025 report reveals an 8.2% increase in mortgage fraud risk, with undisclosed real estate debt as a key factor. Fraud indicators like income and identity theft also rose, while property ...

In 2025, online fraud continued to proliferate, driven by identity fraud, advances in artificial intelligence (AI), and increasingly sophisticated attacks targeting finance and e-commerce.

With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...

An EBA-ECB report on payment fraud indicates that strong authentication remains effective but fraudsters are adapting. There are a wide range of fraudulent activities and tactics now being employed to ...