In a bid to combat bank impersonation scams, Nationwide has become the latest bank to launch its own caller verification ...

Nationwide says members can now instantly confirm whether a call they’re on is genuine through their banking app. They simply ...

The Lloyds Banking Group has highlighted critical developments in its efforts to combat fraud and expand its services. The bank has issued stark warnings about a surge in advanced fee job scams and ...

Michela Tindera talks to Elliot Smither, Ethan Salathiel of KPMG, Carolina Garces of Citi and Helen Child of Open Banking Excellence ...

One in four (24%) adults say they encounter scams multiple times each week, a report has found. Emails, phone calls, texts, social media messages, digital adverts and online marketplaces were common ...

Shocking new data reveals that fraud now accounts for a staggering 40% of all crime in England and Wales, with experts identifying card identity theft as the fastest-growing threat. A recent analysis ...

Prices go up. Population goes up. And to complete this unhappy trinity, banking scams go up. A new report from BioCatch, a behavioral biometrics company specializing in financial crime prevention, ...

There are many benefits to keeping your funds in a bank account, but one of the main reasons many people keep their money at a bank rather than under the mattress is the added security this provides.

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...