AI-fueled scams drive fraud: Visa

Cybercriminals are using artificial intelligence tools for larger attacks that target individual victims, the card network said in a fraud report.

By Tatiana Walk-Morris • May 21, 2026

Facebook fraud becomes lightning rod

Banks and consumer advocates are taking social media to task, while Facebook tries to rein in fake profiles and scam ads.

By Shefali Kapadia • May 18, 2026

Judge fines payments processor Cliq

A federal court assessed a $6.5 million penalty over non-compliance in a 2015 Federal Trade Commission settlement but declined to appoint a receiver.

By Justin Bachman • May 18, 2026