Banks are reporting a ten-fold surge in digital scams, cybersecurity firm BioCatch says

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U.S. and Canadian banks reported a ten-fold surge in digital scams this year as criminals flock to techniques that rely on duping customers into sending them money, according to cybersecurity firm BioCatch.
The sharp rise in reported scams comes as banks have put in place more controls to prevent account takeovers and other forms of fraud, according to BioCatch Director of Global Fraud Intelligence Tom Peacock.
BioCatch, a Tel Aviv-based firm that uses behavioral data from mobile apps and websites to help banks distinguish between real users and criminals, provided its findings to CNBC ahead of a report that culled information from 170 U.S. and Canadian institutions.

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Finance

The AI race between China and the U.S. heats up. These stocks could be winners, Bernstein says

March 22, 2026

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Finance

SEC Commissioner Hester Peirce on ETFs: ‘We want to work with people on new products’

March 21, 2026

ETF Edge SEC Commissioner Hester Peirce on ETFs: ‘We want to work with people on new products’ Published Sat, Mar 21 202611:00 AM EDT Blair Bao WATCH LIVE Source

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Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory this year

March 20, 2026

Key Points The Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction territory this year. A correction is defined as a decline of more than 10% and less than 20% from a recent high. Small caps are especially sensitive to changes […]