FICO

FEBRUARY 23, 2022

You might think that fraud accounting for hundreds of billions of pounds of loss would be a top concern for consumers – but according to FICO’s recently completed Consumer Fraud Survey: 2021 , it is not. In September 2021, UK Finance reported a 71% increase in APP fraud during the first six months of 2021.

Scams 98

Scams Fraud Detection Smishing Fraud Prevention 98

FICO

FEBRUARY 23, 2022

You might think that fraud accounting for hundreds of billions of pounds of loss would be a top concern for consumers – but according to FICO’s recently completed Consumer Fraud Survey: 2021 , it is not. In September 2021, UK Finance reported a 71% increase in APP fraud during the first six months of 2021.

Scams 52

Scams Consumer Fraud Detection Smishing 52

FICO

JUNE 15, 2023

Now, I can practically send, transfer, or pay by accident by simply looking at my smartphone, which can make fraud prevention a real challenge. They use sketchy providers who don’t normally work with law enforcement and then phish, smish, email, and robocall the heck out of people. billion reported in 2021.

Scams 52

Scams Real Time Payments Smishing Same Day ACH 52