The Reserve Bank of India (RBI) is preparing a major new framework aimed at strengthening the country’s digital payment security system. Under the proposed mechanism, every digital transaction could ...

May 21 (UPI) --The Department of Justice on Thursday announced it brought charges against 15 people in Minnesota for participating in health care fraud schemes worth more than $90 million. The ...

AI Quick Read Digital banking has made financial transactions faster, seamless and more comfortable. Still, the growing use of digital banking, online fund transfer platforms, UPI payments and mobile ...

May 19 (UPI) --The U.S. Department of Justice announced it will drop criminal fraud charges against billionaire Indian businessman Gautam Adani. The Justice Department submitted a motion Monday asking ...

WASHINGTON—The Department of Health and Human Services has found a new lever to cut off billions in federal funding that it believes is wasteful or potentially fraudulent, a move that could affect ...

Payment fraud has existed as long as financial systems have. Bad actors have always found ways to exploit them. Today, ...

The Arizona Health Care Cost Containment System, Arizona's Medicaid agency, is launching an artificial intelligence-driven detection and prevention system to help fight Medicaid fraud. Gov. Katie ...

One of the biggest digital payment ecosystems in the world is now found in India. Millions of people's daily transactions ...

The SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots. The Securities and Exchange Commission has ...

May 21 (Reuters) - The U.S. Department of Health and Human Services said on Thursday it has launched a new AI-led initiative to review annual audits to strengthen ‌oversight across federally funded ...