Remove Cybersecurity Remove Phishing Remove Romance Scams
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The Fintech Times – Edition 59

The Fintech Times

Plus, we dive into cybersecurity challenges, proactive AI governance, and the evolving risks of AI-driven scams. From a cybersecurity angle, we discuss how forward-thinking companies are not waiting for regulations but are proactively adopting responsible AI practices. Happy reading! Happy reading!

FinTech 59
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Financial Technology Association Sets Out to Tackle Holiday Shopping Fraud With ‘Smarter Than Scams’

The Fintech Times

It also brings awareness to the most common scams consumers face during the holiday season. For example, charity, gift card, imposter, invoicing, pet deposit, phishing, and romance scams. Furthermore, it looks to ensure users are keeping their money and financial information safe.

Scams 64
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From Virtual Love to Real Losses: The Rising Threat of AI-Fueled Romance Scams

The Fintech Times

Online romance scams reach new levels of deceit with artificial intelligence (AI), turning hopeful hearts into targets for sophisticated fraud. In the long term, how we will help protect people from Gen AI scams is by collaborating through shared intelligence between banks and tech providers, whose platforms often facilitate fraud.