Source: consumer.ftc.gov
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The Federal Trade Commission (FTC) says impersonation scams cost Americans almost $3 billion last year. The FTC revealed that figure in a recent report on...
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Late last year, PYMNTS Intelligence reported that 28% of payments executives were seeing an increase in fraud and risk management uncertainties, and a commensurate percentage...
British banks, tech companies and telecoms are reportedly pledging to increase their data-sharing on fraud. This pledge, as the Financial Times (FT) reported Monday (March 31), comes...
As is the case with any entity, banks’ relationship with their end customers is only as strong as the trust that exists between the two,...
Westpac, a bank operating in Australia and New Zealand, plans to enable customers to immediately block their account through its app or online banking. This...
They’re smart, they’re sophisticated and they’re on social media. A recently released report sheds light on the increasingly sophisticated tactics employed by financial scammers, revealing...