Recently, an anti-fraud department of a very large federal bank approached me with a request. To put it simply, the bank wanted me to teach their in-house specialists to use verification techniques ...

The Fed’s new real-time payments platform will pose challenges for risk management. Here’s how to cope with that. The U.S. Federal Reserve made its FedNow instant-payments service live in July. It ...

The Social Security Administration will require people filing benefit applications who cannot prove their identities online to visit a field office to complete the claim in person in an effort to ...

All Social Security claims made over the telephone will be subject to an anti-fraud check moving forward, the agency confirmed on April 14. The implementation of the security measure comes weeks after ...

A month after instituting a controversial anti-fraud policy that sparked widespread concern among senior citizens, the Social Security Administration has quietly dropped a key piece of the measure.

Multifamily software platform 100 has launched 100x, an initiative whose goal is to inform the industry about fraud directed at landlords, and encourage stakeholders to take further steps to fight it.

If we compare the insurance industry to the human body, sales would be the heart pumping blood, while claims management would function as the immune system. Without a proper response from the immune ...

Generative AI is exciting, but has limited fraud-busting utility. Instead of rushing to implement gen AI-powered anti-fraud initiatives, banks should focus on strengthening their existing security ...