Fresh Today

Fresh Today

SAN FRANCISCO—Despite the fears of many, so far artificial intelligence technologies, such as generative AI, are not helping fraudsters create new and innovative types of scams. Instead, scammers are doing just fine relying on the traditional scams--but the advent of AI is helping them scale up attacks and snare more victims, according to fraud researchers at Visa.

WASHINGTON—The proposed American Privacy Rights Act of 2024 has the Defense Credit Union Council (DCUC) concerned about its potential impact on credit unions, DCUC told leaders of the House, House Financial Services Committee and the Senate Banking Committee.