Scams against banks and their customers have exploded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...
Financial scams have become more sophisticated, targeting individuals through personalized and strategic methods. Scammers are using tools from legitimate businesses to make their scams appear more convincing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With financial institutions (FIs) fortifying their defenses and evolving their strategies against digital payment fraud, criminals are turning to a new weak spot: the customers themselves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Financial scams have never been more prevalent, but quality data on the number of victims and scale of their losses remains limited. For consumer-facing financial institutions (FIs), understanding the true scale of these scams is critical to protecting their customers. Get the Full Story Complete...
April 16, 2025
Fraud is getting more sophisticated, thanks to artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and […]
March 05, 2025
Scams against banks and their customers have exploded. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
February 27, 2025
Financial scams have become more sophisticated, targeting individuals through personalized and strategic methods. Scammers are using tools from legitimate businesses to make their scams appear more convincing. Get the Full...
August 22, 2023
Deepfake technology, powered by artificial intelligence (AI), is reportedly becoming a favored tool for criminals engaged in imposter scams, posing a significant threat to individuals and the banking industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]
March 21, 2019
Financial scams perpetrated against U.K. households and companies increased 16 percent in 2018, according to new data. Get the Full Story Complete the form to unlock this article and enjoy...
June 01, 2017
The Consumer Financial Protection Bureau released its monthly complaint report Wednesday (May 31) that showed older consumers frequently report servicing problems with reverse mortgages, difficulties recovering money after financial scams,...
