Remove Fraud Prevention Remove Real Time Payments Remove Smishing
article thumbnail

Fraud Scams Skyrocket, But People Worry More About Pickpockets

FICO

When you combine communication channels that are known to be susceptible to fraud with a lack of concern about being tricked into sending real-time payments, you have a potent recipe for trouble. Even if consumers are cautiously guarding their pockets, while answering their mobile.).

Scams 98
article thumbnail

To Stop Scams, It’s Time to Add Sensible Friction to Easy Money

FICO

Home Blog Feed test To Stop Scams, It’s Time to Add Sensible Friction to Easy Money The convenience and speed of real-time payments makes it easy for fraudsters to scam individuals. It’s time to consider sensible friction in the process. Many folks wonder: who would fall for these ploys?

Scams 52
article thumbnail

Fraud Scams Skyrocket, But Consumers Are More Concerned About Pickpockets

FICO

When you combine communication channels that are known to be susceptible to fraud with a lack of concern about being tricked into sending real-time payments, you have a potent recipe for trouble. Even if consumers are cautiously guarding their pockets, while answering their mobile.).

Scams 52