Scams and Whitepaper - Payments Space

Fraud Scams Skyrocket, But People Worry More About Pickpockets

FICO

FEBRUARY 23, 2022

That threat is fraud scams – tactics and techniques that fraudsters are using to trick people into giving away their money. The financial impact of scams is staggering indeed: in the UK alone, authorised push payment (APP) scams accounted for £479 million in gross losses in 2020. Fortunately, it’s not all gloom and doom.

Scams

Scams Fraud Detection Smishing Fraud Prevention

FS-Isac releases phishing prevention whitepaper

Finextra

NOVEMBER 20, 2024

FS-ISAC, the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system, has published Stop the Scams: A Phishing Prevention Framework for Financial Services.

FS-ISAC

FS-ISAC Phishing Scams Cybersecurity

Fraud Scams Skyrocket, But Consumers Are More Concerned About Pickpockets

FICO

FEBRUARY 23, 2022

That threat is fraud scams – tactics and techniques that fraudsters are using to trick people into giving away their money. The financial impact of scams is staggering indeed: in the UK alone, authorised push payment (APP) scams accounted for £479 million in gross losses in 2020. Fortunately, it’s not all gloom and doom.

Scams

Scams Consumer Fraud Detection Smishing

Singapore’s Path Forward for Generative AI

Fintech News

JUNE 18, 2024

However the development of generative AI in Singapore is double-edged a new whitepaper by a consortium comprising the Monetary Authority of Singapore (MAS), financial institutions, tech firms and consultancies, says.

AI

AI Use Case Risk Deepfake

6 Fintech Resources in Asia to Read in Preparation for 2024

Fintech News

DECEMBER 10, 2023

This guide delves into a curated list of five influential fintech reports and whitepapers, with each of the resources shedding light on critical aspects of the industry and the evolution of the landscape in key Asian markets. More resources and info More resources, such as e-books and whitepapers, can be found here: fintechnews.sg/whitepapers

FinTech

FinTech Cross-Border Cross-Border Payments ISO 20022

Cross-Border Payments Could Further Enable APP Fraud, Says Payments Association Study

Fintech Finance

NOVEMBER 13, 2024

APP fraud attempts can include anything from mass texts purporting to be from a bank or utility company asking to be transferred funds to long-term romance scams that can take months and cost the victims thousands.

Cross-Border Payments

Cross-Border Payments Cross-Border Law Enforcement Romance Scams

Here’s How 10 APAC Markets Are Approaching Crypto Regulation

Fintech News

FEBRUARY 27, 2024

In addition to regulatory measures, Thailand enhanced its educational and enforcement initiatives to combat cryptocurrency-related scams. In September, the Cyber Crime Investigation Bureau apprehended five individuals linked to a cryptocurrency investment scam that defrauded over 3,280 people of more than THB 2.7

APACS

APACS Regulations Stablecoins Cryptocurrency

Survey: When Do Fraud Controls Ruin the Customer Experience?

FICO

MARCH 9, 2022

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. But there’s a big disconnect for UK consumers – namely, the number of individuals primarily concerned about scams and being tricked by scammers. by Matt Cox.

Fraud Prevention

Fraud Prevention Scams Online and Mobile Banking Account Takeovers

FICO Survey: US Consumers’ Payment Methods Linked to Fraud

FICO

FEBRUARY 16, 2022

Banks must be prepared to help stop scams, including making customers more aware of the danger, all while continuing to ensure an exemplary customer experience. Those scams are on the rise and customers expect their banks to help fight these scams and protect their customer relationships.

Consumer

Consumer Scams Fraud Detection Fraud Prevention

FICO Survey: US Consumers’ Payment Verification Methods Linked to Fraud

FICO

FEBRUARY 16, 2022

Banks must be prepared to help stop scams, including making customers more aware of the danger, all while continuing to ensure an exemplary customer experience. Those scams are on the rise and customers expect their banks to help fight these scams and protect their customer relationships.

Verification

Verification Consumer Scams Fraud Detection

Biometric Security Crucial for Fraud Protection and CX

FICO

DECEMBER 13, 2022

Because customers value ease of use and good fraud protection most, FIs must balance scam protection with making things easy for good customers – but not TOO easy. Changing Face of Application Fraud Whitepaper : With new attack vectors, evolving customer expectations and data proliferation, is now the time for a new strategy?

Security

Security Account Takeovers Authentication Payee

Strong Fraud Protection Could Draw More Customers - Survey

FICO

NOVEMBER 8, 2022

Perhaps innovative marketing that speaks about fraud protection, such as Santander’s Scammer Pants ads and Nat West’s Scammer House of Horrors ads, will not only help alert customers to scams but also deliver sales. European Card Fraud in 2021: Winners, Losers and Scams. Fighting Scams and Authorized Push Payment Fraud in the US.

Scams

Scams Authentication Push-to-Card Fraud Prevention

Proactive Customer Communication for Fraud Prevention

FICO

MARCH 10, 2022

For more insights about global consumer sentiments on fraud prevention, download our recent whitepaper: FICO® Consumer Fraud Survey: 2021. Thoughts on consumer concerns about scams, or wondering how to put the best fraud detection and prevention tools in place at your financial institution? Tweet me on Twitter @identity_sarah.

Fraud Prevention

Fraud Prevention Fraud Detection Authentication Debit Card

First-Party Fraud Must Be Stopped Across the Customer Lifecycle

FICO

NOVEMBER 21, 2022

That fraud may manifest in impersonation scams or in seemingly legitimate customers providing different answers to similar questions in different channels, even over time. Changing Face of Application Fraud Whitepaper : With new attack vectors, evolving customer expectations and data proliferation, is now the time for a new strategy?

Best Practices

Best Practices Risk Financial Crimes Wires

Despite Rapid Adoption of Digital Channels, Customer Trust Lags

FICO

JANUARY 4, 2023

Changing Face of Application Fraud Whitepaper : With new attack vectors, evolving customer expectations and data proliferation, is now the time for a new strategy? How FICO Can Help You Fight Application Fraud. Download the white paper on this survey. Combatting First-Party and Synthetic Identity Fraud : Five best practices you need now.

Credit Cards

Credit Cards Non-Bank Accounts Security

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey

FICO

DECEMBER 5, 2022

Changing Face of Application Fraud Whitepaper : With new attack vectors, evolving customer expectations and data proliferation, is now the time for a new strategy? Stopping Scams with Artificial Intelligence and Machine Learning. How FICO Can Help You Fight Application Fraud. Download the white paper on this survey. See all Posts.

Online and Mobile Banking

Online and Mobile Banking Authentication Identity Theft Security

UK Shoppers Most Likely in Europe to Abandon Baskets Due to Poor Online Checkout Experience, New Research Finds

Fintech Finance

MARCH 20, 2025

million through remote purchases, a type of fraud that relies on criminals acquiring card details through data theft such as breaches, phishing emails and scam text messages.* ’s upcoming whitepaper, The state of European checkouts: consumer expectations, payment preferences, and security insights.

Research

Research Compromise On-Demand Consulting

Payments Space

Fraud Scams Skyrocket, But People Worry More About Pickpockets

FS-Isac releases phishing prevention whitepaper

Trending Sources

Fraud Scams Skyrocket, But Consumers Are More Concerned About Pickpockets

Singapore’s Path Forward for Generative AI

6 Fintech Resources in Asia to Read in Preparation for 2024

Cross-Border Payments Could Further Enable APP Fraud, Says Payments Association Study

Here’s How 10 APAC Markets Are Approaching Crypto Regulation

Survey: When Do Fraud Controls Ruin the Customer Experience?

FICO Survey: US Consumers’ Payment Methods Linked to Fraud

FICO Survey: US Consumers’ Payment Verification Methods Linked to Fraud

Biometric Security Crucial for Fraud Protection and CX

Strong Fraud Protection Could Draw More Customers - Survey

Proactive Customer Communication for Fraud Prevention

First-Party Fraud Must Be Stopped Across the Customer Lifecycle

Despite Rapid Adoption of Digital Channels, Customer Trust Lags

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey

UK Shoppers Most Likely in Europe to Abandon Baskets Due to Poor Online Checkout Experience, New Research Finds

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