ReportWire

Tag: alloy

  • Fighting AI-driven fraud in the new year

    [ad_1]

    Financial institutions are on high alert going into 2026 as fraudsters continue to tap AI for their schemes.  In fact, 67% of financial institution leaders agree that fraud events are increasing, driven by bad actors’ use of tools like generative AI, according to Alloy’s 2026 State of Fraud report, released Dec. 9. The report surveyed more than 500 industry leaders at enterprise banks, regional […]

    [ad_2]

    Whitney McDonald

    Source link

  • Check fraud to reach $24B in 2024 | Bank Automation News

    Check fraud to reach $24B in 2024 | Bank Automation News

    [ad_1]

    Industrywide, financial institutions are seeing an uptick in synthetic identities, scam activity and check fraud even as digital channel adoption grows.   In fact, check fraud is expected to reach $24 billion in 2024, according to a Jan. 3 newsletter from Frank McKenna, chief strategist for AI-driven fraud detection platform Point Predictive. As consumers lean into […]



    [ad_2]

    Whitney McDonald

    Source link