Scams/page/4 news and trends

FTC Takes Down 19 Fake FTC Sites in Impersonation Scam Crackdown

October 29, 2026
Banks Buy the Same Fraud Tools but Get Different Results
Fraud Prevention // October 26, 2026

Regional and community banks and credit unions surveyed by PYMNTS Intelligence now report behavioral analytics and artificial intelligence adoption approaching the levels seen with large banks, although their financial results remain uneven. The research underlying September’s “Scams Get Personal: Why Banks Pay More to Fight...

Rhode Island Lawsuit Claims Meta Knowingly Profits From Financial Scam Ads
Legal & Regulation // October 23, 2026

Rhode Island Attorney General Peter F. Neronha sued Meta Thursday (Oct. 22), alleging that the company fails to block advertisements for fraudulent products and financial scams on its platforms, Neronha said in a press release. The lawsuit alleged that Meta knows “that scam ads cause...

FTC Data Shows Investment Scams Fuel Fivefold Surge in Seniors’ Fraud Losses
Fraud Prevention // October 22, 2026

Fraud losses reported by older adults increased fivefold between 2020 and 2025, leaping from $600 million to $3 billion, the Federal Trade Commission (FTC) said Monday (Oct. 19). The FTC shared this data in a press release outlining findings from its report to Congress, “Protecting...

Booking.com Anti-Fraud Practices Face Scrutiny in Europe
Fraud Prevention // October 21, 2026

European regulators are investigating whether Booking.com has done enough to prevent scams on its platform. The European Commission (EC) announced Wednesday (Oct. 21) that it had opened a formal inquiry into whether the travel platform had violated the Digital Services Act (DSA) by not having...

Interviews & Exclusives
Banks Buy the Same Fraud Tools but Get Different Results

October 26, 2026
Regional and community banks and credit unions surveyed by PYMNTS Intelligence now report behavioral analytics and artificial intelligence adoption approaching the levels seen with large banks, although their financial results remain uneven. The research underlying September’s “Scams Get Personal: Why Banks Pay More to Fight Fraud” shows behavioral analytics use among these institutions rising from […]

Scams Capture 22.4% of Fraud Dollars as Banks Adjust Defenses

October 16, 2026
Banks have an opportunity to strengthen fraud prevention by looking more closely at payments that arrive with a valid login or a customer’s approval. That’s the central implication of the...

Scams Move From the Inbox to the Text Screen

October 08, 2026
A bank can monitor a login, score a transaction and flag unusual account activity. It can’t see the text message that convinced its customer to send the money, which is...

Congress Wants to Unplug the Scam Call Factory

October 07, 2026
A pair of representatives last week unveiled legislation targeting one piece of the increasingly industrialized fraud economy. Reps. Jefferson Shreve of Indiana and Rob Menendez of New Jersey introduced the...

Quick Reads
FTC Takes Down 19 Fake FTC Sites in Impersonation Scam Crackdown

October 29, 2026
The Federal Trade Commission’s (FTC) battle against impersonation scams has included the removal of websites that impersonated the FTC itself, the agency said in a Thursday (Oct. 29) press release. The FTC sent letters to domain registrars and other website providers that resulted in those companies taking down 19 websites that impersonated the agency over the […]

Rhode Island Lawsuit Claims Meta Knowingly Profits From Financial Scam Ads

October 23, 2026
Rhode Island Attorney General Peter F. Neronha sued Meta Thursday (Oct. 22), alleging that the company fails to block advertisements for fraudulent products and financial scams on its platforms, Neronha...

FTC Data Shows Investment Scams Fuel Fivefold Surge in Seniors’ Fraud Losses

October 22, 2026
Fraud losses reported by older adults increased fivefold between 2020 and 2025, leaping from $600 million to $3 billion, the Federal Trade Commission (FTC) said Monday (Oct. 19). The FTC...

Booking.com Anti-Fraud Practices Face Scrutiny in Europe

October 21, 2026
European regulators are investigating whether Booking.com has done enough to prevent scams on its platform. The European Commission (EC) announced Wednesday (Oct. 21) that it had opened a formal inquiry...