Blocks Romance Scams Scams 
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.
FICO
JULY 7, 2020
COVID-19 scams are on the rise. In a recent webinar I hosted, we learned that 31% of participants had received a communication that looks like a COVID-19 scam in the past 30 days. This can also take shape as a romance scam, where the criminal creates an enticing fake profile and builds a relationship with their unsuspecting victim.
The Fintech Times
NOVEMBER 20, 2024
In fact, 75 per cent of US shoppers will encounter scams when looking to buy things online. In an attempt to ensure consumers do not fall victim, the Financial Technology Association (FTA) is launching its annual campaign, Smarter Than Scams. It also brings awareness to the most common scams consumers face during the holiday season.
PYMNTS
FEBRUARY 14, 2020
Romance scams — according to various data streams, including the FBI and Federal Trade Commission — have become an increasingly favored tactic among scammers and fraudsters looking to take advantage of the unwitting. In addition, niche dating sites can be a magnet for fraudsters and catfishers.
FICO
AUGUST 16, 2022
At FICO World 2022, I hosted a session where we talked about global fraud trends like authorized push payment scams and romance scams. Senior Director, Product Management. expand_less Back To Top. Tue, 08/16/2022 - 11:10. But here in the U.S., Banks can also pay close attention to things like balance inquiries.
FICO
JUNE 14, 2022
They were able to identify attempts to uncover CVVs on the cards they had issued and could therefore have those cards blocked and reissued. At the last FICO World in 2019, a speaker from a UK bank talked about the increase of scams that were impacting them and their customers. Innovative Customer Communications for Fraud.
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