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Study Shows Alarming Rise in Smartphone Identity Theft Among UK Consumers

The Fintech Times

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.

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PSR Reveals Huge Disparity in How Banks Approach to APP Fraud Claims

The Fintech Times

“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. “Notably, while other types of APP scams are declining, romance scams are on the rise, indicating a pressing need for increased efforts to combat these crimes.

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