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

The Fintech Times

“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. The government must intensify its awareness campaigns, and payment firms need to enhance their protective measures.

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Asian Organized Scam Centers Leads Cyber-Enabled Fraud

Fintech News

The forced labor involves conducting online scams, such as cryptocurrency fraud, romance scams, or fake investment schemes, targeting victims around the world. Asian organized crime groups have emerged as definitive market leaders in cyber-enabled fraud, money laundering and underground banking.

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