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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.

Scams 98
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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. They Didn’t Teach This in Econ 101 On May 3, the U.S.

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.

Scams 52