Fraud Detection

BANK FRAUD WAR: ABSA Pushes Industry -Wide Intelligence Sharing as AI Scams Surge

The call comes as financial institutions face increasingly sophisticated...

EFCC WARNING: Weak Bank, Fintech Checks Opened Door To Multi-Billion Naira Fraud

The Economic and Financial Crimes Commission has raised a fresh compliance...

FinCEN Flags $17.5bn in Suspected Health Care Fraud Activity

Financial institutions filed 5,702 reports identifying potentially fraudulent...

Deepfakes Turn Identity Fraud Into Organised Crime Threat As Fraud Rings Recycle Identities Across Borders

Organised fraud networks are increasingly using deepfakes, forged documents,...

$13BN SCAM MONEY TRAIL EXPOSED: US TREASURY FLAGS BILLIONS LINKED TO OVERSEAS...

INSIDER FRAUD CRACKDOWN: NIBSS DEMANDS STAFF PROFILING, JOB ROTATION AND LIFESTYLE CHECKS AT BANKS

The warning was issued in January 2026 as authorities and industry leaders...

₦1.09BN PROCEEDS OF CRIME: EFCC PUTS BANK ACCOUNT AT CENTRE OF ABUJA FRAUD TRIAL

The Economic and Financial Crimes Commission, EFCC, has arraigned Mahmud A....

 AFRICA’S NEW FRAUD FRONT: AI IDENTITY GAMES, CYBERCRIME AND PROCUREMENT COLLUSION PUT COMPLIANCE TEAMS ON NOTICE

For banks, fintechs, insurers, telecommunications companies and corporates...

SOUTH AFRICA LEADS AFRICA’S FRAUD COUNT AS CORPORATE LOSSES DEEPEN

South Africa has recorded the highest number of occupational fraud cases in Sub...

₦4.6m Vanishes From GTBank Account in Unauthorised Transfer, Raising Fresh Questions Over Fraud Controls

  A GTBank customer has lost ₦4.6 million in an unauthorised transfer to a...