Americans over the age of 60 lost $7.7 billion to scams in 2025, with investment fraud, romance scams, and tech support ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Fraud attacks are at an all-time high. According to the FTC, in 2023, U.S. consumers reported losing more than $10 billion to fraud, a 14% increase over 2022 and the highest dollar amount ever ...

New Celent research finds synthetic identity fraud, application stacking, and bust-out fraud are outpacing what any one lender can detect alone Sixty-one percent of lenders identified synthetic ...

Equifax recently outlined how fabricated identities, stitched together from fragments of real and fictitious personal data, are gaming the lending system at a scale that traditional verification ...

The latest fraud stats make uncomfortable reading. Fraud is growing – relentlessly. According to a report published in 2023 by the Association of Certified Fraud Examiners (ACFE), up to five percent ...

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 ...

Credit freezes block many fraudulent applications but miss synthetic identity fraud, account takeovers and tax refund scams.

The implementation of more careful loan screening procedures has contributed to lower levels of risk for mortgage fraud. Mortgage application fraud declined 3.1% year-over-year in Q2 of 2023 compared ...

Analysis of the UK’s largest database of syndicated risk intelligence shows ID fraud is the top fraud type reported by banks and other financial service providers, accounting for 45% of all adverse ...

Mortgage fraud happens when someone omits or falsifies information in connection with the process of buying a house. This can be from predatory lenders trying to defraud borrowers or from borrowers ...