The National Institute of Standards and Technology issued new encryption standards in 2022 that are expressly designed to withstand quantum computing attacks.
In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.
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The Role of Banks in Preventing Fraud
“Unusual activity detected in your account. Immediately open this link to verify your identity.” You’re on the verge of clicking the link when you remember reading an alarming article about identity ...
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Fed on alert as OpenAI warns of a massive bank-fraud wave
OpenAI's top executive is warning that artificial intelligence is about to supercharge bank fraud at a scale the financial system is not ready to absorb. As regulators, including the Federal Reserve, ...
Q2 Holdings Inc. (NYSE: QTWO), a provider of digital transformation solutions for financial services, announced a strategic partnership with Alloy, an identity and fraud prevention platform provider, ...
Texas National Bank learned from experience that 2022 was a big year for check fraud. The Financial Crimes Enforcement Network (FinCEN) reported that cases actually doubled from 2021 to 2022, and the ...
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