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US Banks Sued After Artificial Intelligence Sparks $20,000 Fraudulent Transfer: Report

Two billion-dollar banks are facing a lawsuit for allegedly failing to stop a huge transfer fueled by artificial intelligence. Texas…

June 21, 2025

$3,000,000,000,000 Bank Says It’s Being Attacked ‘All the Time’ by Hackers, With Cybersecurity Now Lender’s Biggest Expense

The British banking giant HSBC is being attacked "all the time" by cybercriminals, according to the firm's chief executive. The…

June 18, 2025

Investment Advisor Pushes $45,650,000 Bank Fraud Scheme, Shovels Defrauded Money Into Property and Private Plane

A Nebraska-based investment advisor faces up to 30 years in prison after admitting he's behind an attempted $45.65 million fraud…

June 18, 2025

JPMorgan Chase, Bank of America and TD Bank Issue Data Breach Alerts, Say Critical Information on Several Customers Compromised

JPMorgan Chase, Bank of America and TD Bank are disclosing data breaches that are placing some customers' accounts and personal…

June 14, 2025

Hackers Target 12,184,351 Android Devices in Just Three Months in Push To Steal Credentials, Crack Bank Accounts: Report

A leading security firm is reporting a sharp rise in cyberattacks targeting Android devices, with over 12 million attempts to…

June 14, 2025

Wells Fargo Customer Loses $61,000 in Fake Virus, Fake Apple Care, Fake Bank Fraud Department Scam: Report

A Wells Fargo customer in North Carolina has lost $61,000 after falling for a scam originating with a fake virus…

June 8, 2025

Capital One Forced to Face Lawsuit Alleging Bank Steals Commissions From Shopping Browser Extension: Report

US financial giant Capital One must face a lawsuit alleging the bank's shopping browser extension steals sales commissions from online…

June 8, 2025

Billion-Dollar Bank Sending $3,125,000 To Customers Over Alleged Breach of Contract, Improper Overdraft Fees

A US bank is preparing to pay millions of dollars to settle a lawsuit that accused the lender of breach…

June 7, 2025

JPMorgan Chase Says US Markets Climbing ‘Wall of Worry’ To New All-Time Highs – With Key Sector Getting Second Wind

The largest bank in the US believes the S&P 500 will soar to fresh record highs despite uncertain market conditions.…

June 7, 2025

$17,000,000 Erroneously Sent To 9,238 Americans As Bank Glitch Derails State’s Payroll Process

A payroll glitch at a US bank has led to thousands of state employees being paid twice their normal salaries.…

June 7, 2025