GAO reported that four of the five programs reviewed did not fully incorporate all nine criteria into their documented policies and procedures.

In an era of increasing digital fraud, federal and state government agencies are ramping up efforts to strengthen identity verification and fraud prevention systems. Modern solutions integrating third ...

Officials within the administration of Minnesota Gov. Tim Walz enabled some of the state’s now estimated $9 billion in ...

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 ...

NORTH MIAMI BEACH, Fla., May 13, 2024 /PRNewswire/ -- N-iX, a global software solutions and engineering services company, announces the enhancement of its partnership with Mitek Systems (MITK), a ...

What’s driving the rise in digital fraud? The global payments landscape appears more dynamic and complex than ever before. As e-commerce spending accelerates toward an estimated $8.1 trillion by 2028, ...

Wire and title fraud risk reached an all-time high in Q4 2023 with 51.8% of transactions having issues that led to a risk of wire and title fraud (citation). As data security, payment risks, and ...

Minnesota adds new Medicaid fraud verification after alleged $9B+ taxpayer losses since 2018, but former FBI agent says one ...

If there was one theme that defined financial services in 2025, it was purpose-led regulation. Beyond product expansion and ...

A former FBI agent says that a new fraud prevention tool by the Minnesota Department of Human Services likely won't make a ...