Fraud

Payments

Card and check schemes dominate bankers' fraud woes: Report

New research from American Banker finds that card and check fraud has gotten more problematic for bankers over time.

By Frank Gargano

July 16

Democratic Representatives Schiff, Swalwell, And Omar News Conference On Committee Assignments

Law and legal issues

Trump says Fannie Mae suspects Schiff of mortgage fraud

Government officials confirmed the California Democrat is under scrutiny over a long-held Maryland property he designated as a second home in 2020.

By Andrew Martinez

July 15

Exclusive research Embedding fraud prevention in the customer experience

Banks and credit unions continue to seek integrated solutions that address evolving threats without introducing excess friction.

Sponsored by Slalom

US Bank NFL Stadium is home field of the Minnesota Vikings of the NFL. The venue was built in 2016. Minneapolis, Minnesota, USA – October 2

Fraud losses

How Vikings linebacker gave $240K to a fake banker

Dallas Turner, a linebacker for the Minnesota Vikings, sent $240,000 via wire transfers after scammers convinced him someone was impersonating him.

By Carter Pape

July 14

Thune Aims Vote On Tax Bill In Last Week Of June

Payment fraud

Sen. Hassan vows crackdown on fraud and AI-driven scams

The New Hampshire congresswoman promised new investigations into scam drivers, including AI and digital payment platforms.

By Carter Pape

July 10

Whitepaper Check fraud exposed: Proactive measures for financial safety

Learn how financial institutions are strengthening check controls and mitigating escalating fraud exposure.

Partner Insights from CheckAlt

Three firefighters grab supplies from two mud-covered trucks in the rain to assist with Central Texas flood relief efforts

Technology

Exclusive: Texas fire department battles Venmo flood scams

The volunteer firefighting crew in Kerr County was the target of impersonation scams on the digital payments platform for donations to relief efforts.

By Melinda Huspen

July 7

Governor Abbott Hold Press Briefing Following Severe Flooding In Dallas-Fort Worth

Disaster recovery

How fraudsters exploit natural disasters

Deadly flash flooding in Texas serves as a reminder of the tactics scammers and fraudsters use against both victims and charitable onlookers.

By Carter Pape

July 7

Enforcement

Fed sanctions Wyoming bank employee for embezzlement

The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.

By Kyle Campbell

July 3

Leaders

GenAI and Multi-Layered Security: How Banks Can Fight the Digital Transformation of Fraud

American Banker Leaders Live session on the technology that is expected to have a significant impact on detecting and preventing fraud