scams

Spot and avoid scams and unfair, deceptive, and fraudulent business practices with tips from the FTC, America's consumer protection agency. Learn about recent scams and how to recognize the warning signs.

Source: consumer.ftc.gov

Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike

Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
May 21, 2024  |  Identity

Staying one step ahead of the bad guys is becoming more difficult by the day for financial services companies. For example, identity verification is a...

READ MORE >
UK Fraud Proposal Has ‘Significant Problems,’ Minister Says
UK Fraud Proposal Has ‘Significant Problems,’ Minister Says
May 20, 2024  |  Regulation

A British treasury official has reportedly criticized proposed fraud reimbursement measures for banks and FinTechs. Get the Full Story Complete the form to unlock this...

READ MORE >
DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams
DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams
May 17, 2024  |  Legal

Two Chinese nationals have been charged with leading a scheme to launder proceeds from cryptocurrency investment scams. Get the Full Story Complete the form to...

READ MORE >
Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
May 09, 2024  |  Fraud Attack

The internet has been both a blessing and a curse to society and commerce alike.  Get the Full Story Complete the form to unlock this...

READ MORE >
New Report: Authorized Fraud Scams Damaging to Bank-Customer Relationships
New Report: Authorized Fraud Scams Damaging to Bank-Customer Relationships
May 09, 2024  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
MGM Hackers Reportedly Targeting Banks and Insurers
MGM Hackers Reportedly Targeting Banks and Insurers
May 08, 2024  |  Cybersecurity

Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Get the Full Story Complete the form to unlock this article...

READ MORE >
Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
May 03, 2024  |  Regulation

Wells Fargo said Thursday (May 2) that U.S. authorities are investigating the handling of complaints about Zelle. Get the Full Story Complete the form to unlock this...

READ MORE >
Visa Stresses Education as Small Businesses Confront Fraud Vulnerabilities
Visa Stresses Education as Small Businesses Confront Fraud Vulnerabilities
May 02, 2024  |  Fraud Attack

Most crimes, as the saying goes, are crimes of opportunity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
Mastercard: ‘Movies’ Not ‘Snapshots’ of Consumer Behavior Help Banks Counter Scams
May 01, 2024  |  Fraud Prevention

Scams, regrettably, are a feature — not a bug — of modern, digital payments and commerce.  Get the Full Story Complete the form to unlock...

READ MORE >