Remove Real Time Payments Remove Retail Payments Remove Romance Scams
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Retail Payments Fraud: How Consumers and Banks Can Fight Back

FICO

There’s a lot going on in the retail payments space – defined as transactions between two consumers, between consumers and businesses, or between two businesses. Some of the changes are related to new digital payments methods like P2P apps, tap-to-pay, and cryptocurrency, which are all growing options in retail environments.

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Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots

FICO

Scams that took place in the online environment were particularly prevalent, with people particularly at risk when they pushed to use digital channels that they weren’t used to. There were tales of scams that caught out the young and digital-savvy, such as crypto investment scams and romance scams – anyone can become the victim of a scam. .

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