Remove Email Compromise Remove Irrevocable Payment Remove Scams
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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

For every story about real-time payments making it easier for people to send money to others in desperate need, there seems to be a parallel story about scams. Scammers can hide in plain sight and use social engineering and direct outreach to consumers to coerce individuals to make instant, irrevocable payments.