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Top 10 Crypto scams to look for in 2023

Abrigo

DOWNLOAD WHITEPAPER. According to the FTC, the top ten crypto fraud trends to watch in 2023 are: Investment scams: Investment scams come with "get rich quick" and "no risk" promises, often initiated through social media or online dating apps. Never mix online dating and investment advice. That's a scam.

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How Online Universities Take Fraudsters To School

PYMNTS

Phone numbers, email addresses, usernames and other online signifiers have become vital to digital identity verification, as the world becomes increasingly connected. Mobile wallets have become popular vehicles for storing and accessing credit card information, plane tickets and other documents.

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Romance scams: Protecting hearts and wallets

Abrigo

Takeaway 3 Romance scams can happen to anyone, but staying informed and following these precautions can create a safer online dating experience. Looking for love in all the wrong places Romance Scams = Fraud Using fake photos and made-up information on social media and dating apps, scammers target people looking for love.

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Today In Payments Around The World: IBM Buys Canadian Firm Expertus Technologies; GoJek Unveils GoBiz Plus System For Merchants

PYMNTS

IBM has purchased Expertus Technologies, which is based in Canada, according to an announcement, in an effort to strengthen its hybrid cloud and artificial intelligence (AI) infrastructure in addition to its online payment strategies. Gojek’s apps have reportedly received hundreds of millions of downloads as of June 2020.

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Fraud prevention and detection: Empowering clients through education

Abrigo

DOWNLOAD Takeaway 1 U.S. Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. Clients should also be wary of social media scams. Fraud education is key. According to the FTC , $2.7

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ICICI Launches Banking Services On WhatsApp

PYMNTS

By using WhatsApp, customers can check account balances, their last three transactions, credit card limit and details of instant loan offers, and can also block or unblock their credit and debit cards. Additionally, users can get details of the nearest ICICI Bank ATMs and branches, all from the social platform. .

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Prevent pig butchering scams: Safeguarding against investment fraud

Abrigo

A scam usually begins with online contact via social media or dating apps. Scammers build up a victim’s trust and gain access to their online account information, sometimes “fattening the pig” by soliciting more investment in cryptocurrency before “slaughtering the pig” and stealing the cryptocurrency.

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