Fraud Management & Cybercrime
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Fraud Risk Management
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Video
Experts Discuss Challenges, New Solutions for Detecting Authorized Payment Scams
Scammers are duping victims in many ways: tricking customers into believing they need to reverse a Zelle payment, promising big earnings from cryptocurrency investments or convincing online lovers to send money. A myriad of schemes is resulting in a sharp rise in authorized payment scams, which according to Aite-Novarica Group now account for two of the top five categories of fraud volumes and losses for financial institutions.
See Also: Live Webinar | Navigating the Difficulties of Patching OT
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