Remove Irrevocability Remove Law Enforcement Remove Smishing
article thumbnail

To Stop Scams, It’s Time to Add Sensible Friction to Easy Money

FICO

They use sketchy providers who don’t normally work with law enforcement and then phish, smish, email, and robocall the heck out of people. If there is a common denominator across all the scams, it’s the instant and irrevocable nature of real-time payments. Many folks wonder: who would fall for these ploys?

Scams 52