Last year, US banks used real-time machine learning to flag over 90 percent of suspected fraud, yet almost half of chargeback ...

Credit card companies are constantly touting the benefits of their rewards programs, promising free flights, airport lounge access, exclusive restaurant reservations, and more for customers who choose ...

It started with a voicemail from a Hertz rental car location in Miami, Florida. A 57-year-old woman in Los Alamitos, California, was asked when she planned to return a Mercedes-Benz she had never ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The move demonstrates how usage of AI and machine learning in ...

A simple visit to the bank sparked a surprisingly heated debate online. After noticing frequent grocery and gas charges coming straight from a customer's checking account, a teller suggested switching ...

When flying American Airlines, the right airline credit card is all it takes to avoid checked bag fees, receive priority boarding or even relax in an airport lounge. In addition to earning valuable ...

Although AI has introduced a new threat in the world of payments fraud, it has also emerged as the analytical backbone of next-generation fraud mitigation systems.

Your weekly cybersecurity roundup covering the latest threats, exploits, vulnerabilities, and security news you need to know.

NOTE: The above video is a livestream of WIS featuring current newscasts, Soda City Living and Gray Media’s Local News Live. COLUMBIA, S.C. (WIS) - The US Department of Justice (DOJ) has sentenced a ...

A Russian national pleaded guilty to a wire fraud conspiracy charge related to his role in administering the Phobos ransomware operation, which breached hundreds of victims worldwide.