The Fintech Times

FEBRUARY 19, 2025

.” Risks of automation dependance Sharing a similar view, Adam Ennamli , chief risk and security officer at General Bank of Canada , added: “Failures can have existential consequences, from significant monetary losses to complete loss of market trust and regulatory penalties.

AI

The Fintech Times

AUGUST 11, 2024

. “Market growth and volatility, as observed in recent months, often bring an influx of new investors who may be more susceptible to scams and hacks, and elevated prices during these periods can result in larger monetary losses,” he said.

Scams

The Fintech Times

APRIL 22, 2024

In 62 per cent of smartphone theft cases, businesses face severe financial and cybersecurity risks. Fighting fraud According to the research, not only were respondents’ social media and email accounts accessed, but one in four individuals also fell victim to digital wallet theft, resulting in monetary losses.

Identity Theft

PYMNTS

APRIL 18, 2017

Cyberattacks risk companies’ finances, confidence and reputation, with victims reporting not only monetary losses, but costs from disruption to their business and productivity. Banks and police forces tend to have in-house staff for these sorts of issues.

Monetary Loss

The Fintech Times

AUGUST 2, 2024

“These types of fraud have a profound impact on victims, not only in terms of monetary loss but also in the emotional and psychological toll they exact. The post PSR Reveals Huge Disparity in How Banks Approach to APP Fraud Claims appeared first on The Fintech Times.

Scams

PYMNTS

DECEMBER 16, 2020

The December Mobile Order-Ahead Tracker ® explores the latest digital ordering developments, including how restaurants can apply the lessons they have learned in 2020 to the post-pandemic world, the tools and technologies used to fight fraud, and fraudsters’ latest schemes to make off with customers’ cash, rewards points and valuable personal data.

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