Learn how card-present fraud occurs when thieves use counterfeit cards in physical stores. Discover detection strategies and the impact on U.S. transactions.

A forensic audit is an examination of a firm's or individual's finances to derive evidence that can be used in a court of law or legal proceeding.

A real-life example of fraud The ITRC recently helped a retired woman who received a call claiming to be from tech support with the brokerage firm where she held her retirement savings. "They knew her ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

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.

Identifying and assessing the risks of material misstatement due to fraud are among the most challenging aspects of auditing in recent years, according to outreach conducted by the AICPA Auditing ...