Although AI has introduced a new threat in the world of payments fraud, it has also emerged as the analytical backbone of next-generation fraud mitigation systems.

Fraud and the abuse of healthcare services in the U.S. cost an estimated $125-175 billion annually. This represents the second largest component of the $600-850 billion surplus in healthcare spending.

WASHINGTON — A group of senators is pushing the Small Business Administration to give a detailed breakdown of its probe of the sweeping Minnesota welfare fraud scandal. Last month, SBA Administrator ...

Add Yahoo as a preferred source to see more of our stories on Google. The Department of Homeland Security says its agents are going "door to door" as part of a fraud crackdown. DHS shared videos on ...

Call it the fraud corollary: the bigger and more well-intentioned the government program, the more fraudsters it attracts. Medicaid is one such program. Introduced in 1965, it provides critically ...

Unfazed by the state auditor’s previous uncovering of substantial fraud in public-assistance benefit programs, the fleecing of the state’s taxpayers has continued at a frustratingly furious pace. The ...

Food fraud in fish is a vast problem, of greater magnitude than fraud in meat, fruit or vegetables. It poses risks to both industry profits and consumer health. To combat it, the industry must use ...

Tammy Thomas, CPA/CFF, CGMA, is a co-author of the most recent FVS Eye on Fraud report, focused on the importance of internal controls preventing employee embezzlement. In this episode, Thomas breaks ...