One of the largest corporate fraud cases of the 21st century is Enron, dubbed "America's Most Innovative Company" by Fortune ...

A startup called Data.R.X LTD, which likes to be known as Datricks, has closed on a $15 million Series A funding round after developing a platform that uses artificial intelligence to try and uncover ...

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose. Promoting financial integrity and operational ...

Key Takeaways AI-powered tools like voice cloning have made impersonation scams far more believable, increasing the ...

A forensic audit is an examination of a firm's or individual's finances to derive evidence that can be used in a court of law or legal proceeding.

Online fraud is spiraling, costing businesses tens of millions each year, and financial institutions are waking up to the reality that fraud is no longer just a compliance issue or a customer service ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When people hear the term internal controls, they often ...

EdSource · From a juvenile facility to a college dorm room Since the Covid-19 pandemic, California’s community colleges have been plagued by scammers who pose as students and enroll to steal financial ...

Adults age 60 and older are more likely to report losses of $100,000 or more due to financial fraud, according to the Federal Trade Commission. Those incidents account for 68% of the $2.4 billion in ...

In an increasingly digital financial landscape, fraud is evolving in both scale and complexity. Financial institutions from global banks to nimble fin-techs face constant threats ranging from payment ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Let us have a closer look at the way AI is revolutionizing ...

The Central Bank of Nigeria (CBN) has urged banks and other financial institutions to take prompt action in addressing ...