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. While the original v2.0 Model , . “By

Scams 98

Scams Fraud Detection Smishing Fraud Prevention 98

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. While the original v2.0 Model , . “By

Scams 52

Scams Consumer Fraud Detection Smishing 52

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. Gen AI are AI systems designed to autonomously generate new, original content.

AI 106

AI Use Case Risk Deepfake 106

Fintech News

FEBRUARY 27, 2024

Looking ahead to 2024, South Korea is poised to intensify its efforts in curbing cryptocurrency-related crimes, particularly those originating from North Korea. In addition to regulatory measures, Thailand enhanced its educational and enforcement initiatives to combat cryptocurrency-related scams.

APACS 102

APACS Regulations Stablecoins Cryptocurrency 102

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 52

Best Practices Risk Financial Crimes Wire 52

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. It’s also part of the originations process. European Card Fraud in 2021: Winners, Losers and Scams. See all Posts.

Scams 52

Scams Authentication Fraud Prevention Push-to-Card 52

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 52

Security Account Takeovers Authentication Payee 52