Industry leaders and financial experts highlighted the necessity of integrating Artificial Intelligence (AI) into financial ...

The US Department of Justice has announced data-sharing agreements with the Centers for Medicare & Medicaid Services, the Department of ...

Fake or altered photos depict evidence, from crash scenes to receipts, to support fraudulent claims, according to SAS ...

The IRS has fundamentally changed how it enforces tax compliance. As of June 2025, the agency operates 126 active AI use cases, up from just 10 in August 2022, spanning audit sele ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Leveraging insights from hundreds of financial institutions across four ...

Rodney Drake, Chief Strategy Officer at Valid Systems, advocates AI-powered risk and fraud solutions for FI's and fintechs. Fraud isn’t static. It learns, adapts and evolves just as quickly as the ...

As auto-lending fraud becomes an increasingly sophisticated and prevalent threat, auto lenders must act decisively to protect their businesses. By embracing advanced technology, including AI-driven ...

Department of Justice (DOJ) announced the Fraud Oversight through Careful Use of Statistics (FOCUS) Initiative on April 30, 2026, a new effort designed to increase False Claims Act (FCA) enforcement ...

Financial institutions seem to be keeping pace with AI adoption. Studies say 72% of financial institutions are increasing their expenditure on AI. With this, the AI market in banking is speculated to ...

Holiday fraud in 2025 is evolving faster than ever, as attackers use AI, automation, and stolen data to launch large-scale campaigns. As the 2025 holiday season approaches, fraud activity is already ...