Blocks Law Enforcement Scams 
Fintech News
MARCH 11, 2025
Payments giant Visa has established a specialised Scam Disruption practice to tackle emerging fraud schemes and protect consumers. The newly formalised group operates under Visa’s Payment Ecosystem Risk and Control (PERC) division and prevented more than US$350 million in attempted scams in 2024.
Fintech News
APRIL 22, 2024
Thailand’s Securities and Exchange Commission (SEC), in conjunction with the Ministry of Digital Economy and Society and other relevant agencies, has initiated measures to block unauthorised access to digital asset service providers’ platforms.
The Payments Association
OCTOBER 28, 2024
From shifts in unauthorised card fraud to the evolving nature of authorised push payment scams, there’s a lot to unpack—and a lot at stake. One of the most alarming trends identified in the report is the continued rise in social engineering scams, which now account for a significant portion of fraud activity. million cases recorded.
Fintech News
JUNE 6, 2024
In recent years, the banking sector in the Association of Southeast Asian Nations (ASEAN) has witnessed a significant surge in scams and fraud activities. DBS isn’t the only bank making news for phishing scams. US$129,841). Losses exceeded S$13 million (US$9.59 Losses exceeded S$13 million (US$9.59
FICO
MAY 27, 2021
The ‘courier scam’ is a global issue that intensified late last year and presented another worrying trend in the new world of digital payments and card scams. These scams are very successful — here’s how they work: 1. FICO is investing heavily in the global fight against fraud scams. How to Fight Back.
Neopay
APRIL 28, 2025
SIM farms are technical devices capable of holding multiple SIM cards enabling criminals to send scam texts to thousands of people at once or set up verified online accounts in large volumes. Think Fraud – How to stay safe from scams. So far this year we have blocked over 38.5 So far this year we have blocked over 38.5
PYMNTS
JULY 9, 2020
In other news, the CENTRE Consortium froze cryptocurrency valued at $100,000 by blocking a USDC stablecoin address in response to an ask from the authorities, CoinDesk reported. CENTRE maintains the ability to block addresses if a possible security incident or other potential harm to the network exists, per a document cited by CoinDesk.
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