Automobile insurance fraud, which increases premiums for all drivers, was once almost entirely limited to staged accidents, forged documents, and identity theft. Many schemes involved large rings, ...

Insurance fraud is more common than scams in other fields, and its prevalence is growing, a new report from fraud detection company Pindrop found. After analyzing more than 1.2 billion customer calls ...

OpenAI CEO Sam Altman warns of an imminent AI fraud crisis, particularly targeting financial institutions using voice authentication. He states AI has “fully defeated” current methods, urging a ...

Ghana’s fintech and banking sectors have seen rapid growth, but this progress comes with a serious downside: rising fraud. In 2024 alone, the Bank of Ghana 2024 Fraud Report indicated that nearly ...