Car insurance fraud is a costly problem — even for drivers who’ve never been involved in a fraud scheme. Staged accidents, fraudulent applications, untrustworthy repair shops and fake agents cost ...

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 ...

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 ...

A new industry report from Celent, commissioned by Zest AI, reveals that fraud has moved from an operational cost to a direct ...

Today’s consumers have more options for paying bills, depositing checks, sending money to friends and family and performing other banking transactions. But each new method comes with new ways for ...

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 ...

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 ...

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 ...

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 ...

First-party fraud, also known as “friendly fraud,” accounted for 36% of all fraud globally in 2024, up from 15% the previous year, says LexisNexis Risk Solutions’ Cybercrime report. First-party fraud ...