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Fraud Scams Skyrocket, But People Worry More About Pickpockets

FICO

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. Fortunately, it’s not all gloom and doom.

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Fraud Scams Skyrocket, But Consumers Are More Concerned About Pickpockets

FICO

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. Fortunately, it’s not all gloom and doom.

Scams 52
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Singapore’s Path Forward for Generative AI

Fintech News

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.

AI 99
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6 Fintech Resources in Asia to Read in Preparation for 2024

Fintech News

This guide delves into a curated list of five influential fintech reports and whitepapers, with each of the resources shedding light on critical aspects of the industry and the evolution of the landscape in key Asian markets. More resources and info More resources, such as e-books and whitepapers, can be found here: fintechnews.sg/whitepapers

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Survey: When Do Fraud Controls Ruin the Customer Experience?

FICO

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. But there’s a big disconnect for UK consumers – namely, the number of individuals primarily concerned about scams and being tricked by scammers. by Matt Cox.

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FICO Survey: US Consumers’ Payment Methods Linked to Fraud

FICO

Banks must be prepared to help stop scams, including making customers more aware of the danger, all while continuing to ensure an exemplary customer experience. Those scams are on the rise and customers expect their banks to help fight these scams and protect their customer relationships.

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FICO Survey: US Consumers’ Payment Verification Methods Linked to Fraud

FICO

Banks must be prepared to help stop scams, including making customers more aware of the danger, all while continuing to ensure an exemplary customer experience. Those scams are on the rise and customers expect their banks to help fight these scams and protect their customer relationships.