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Tag: Fraudsters

Level Up Your Payments Game: Must-Attend Events in 2024

The payments industry pulsates with constant innovation. Crypto rockets skyward, then plummet like Icarus... Fraudsters morph tactics faster than chameleons… Staying ahead of the curve demands...

Trust the funds: How new challenger banks can earn the confidence of customers

Centuries of history and decades on the high street mean that traditional banks, like the UK’s ‘big four’ of Barclays, Lloyds, HSBC, and Natwest,...

Visa: AI Fuels Surge in Emotion-Based Scams like Pig Butchering and Inheritance Fraud – Fintech Singapore

by Fintech News Singapore March 21, 2024 Visa’s latest Biannual Threats Report for Spring 2024 underscores the concerning rise of “pig butchering” scams, showcasing the sophisticated...

Sumsub Combats Fraud Networks in APAC With Upgraded Solution – Fintech Singapore

Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution....

Mastercard and Network International Extend AI-Powered Fraud Protection

To fortify digital commerce security across the Middle East and Africa, Network International, the region's enabler of digital transactions, has expanded the reach of Mastercard's Brighterion...

FIS Strikes Partnership with Stratyfy to Combat Card Fraud

The global provider of financial service technology solutions, FIS, has collaborated with Stratyfy to boost card fraud detection capabilities. This partnership promised to curb fraudulent activities...

BBB Says Crypto Fraud Is Riskiest Con Consumers Face – CryptoCurrencyWire

Crypto and investment frauds rank as the most perilous schemes in the United States presently, according to the Better Business Bureau (BBB). These fraudsters...

Consumers, Financial Institutions & Fraudsters: The Good, the Bad and the Ugly of Fraud

In the digital age, the younger generation finds itself increasingly targeted by fraudsters and falling prey to various scams. A recent TD Bank report revealed alarming...

FBI cybercrime report reveals crypto investment fraud in the US rose 53% YoY

The FBI’s Internet Crime Complaint Center (IC3) has released its 2023 report, revealing a significant rise in crypto-related fraud and the use of digital...

Challenges faced by banks and customers in the online onboarding process

In Ukraine remote customer identification and the option to become a bank customer online has been officially in place since 2020, and at present...

Bipartisan Members of Congress Introduce Enhanced Cybersecurity for SNAP Act to Secure Food Benefits Against Hackers and Thieves

PRESS RELEASEWashington, D.C. – U.S. Senator Ron Wyden, D-Ore., with Sens. John Fetterman, D-Penn., and Bill Cassidy, R-La., today introduced the Enhanced Cybersecurity for SNAP...

Infostealer malware is coming for your ChatGPT credentials

Stolen ChatGPT credentials are a hot commodity on the dark web, according to Singapore-based threat intelligence firm Group-IB, which claims to have found some...

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