Remove 2021 Remove Real Time Payments Remove Smishing
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Fraud Scams Skyrocket, But People Worry More About Pickpockets

FICO

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
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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. billion reported in 2021.

Scams 52
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Fraud Scams Skyrocket, But Consumers Are More Concerned About Pickpockets

FICO

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