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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.

Fraud 222
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Fraud prevention and detection: Empowering clients through education

Abrigo

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. billion was lost to fraud through social media between January 2021 and June 2023.

Fraud 195
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The Utimate Fitness Regime For Your Finances Is Here

BankBazaar

A lot of us have incorporated exercise into our lives because we’re starved for physical activity. No wonder all our social media feeds are swarming with home workout photos and videos! While we’re talking exercise, why not extend its benefits to our money too? Benefits: Better Credit Card & Loan offers.

Exercises 148
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AML/CFT hot topics: What to expect in 2023

Abrigo

Experts predict that by 2025, 45% of companies worldwide will have experienced some form of cyber-attack on their networks and online supply chains. Domestic terrorism remains a persistent threat, with actors crossing the line from exercising first amendment-protected rights to committing crimes in furtherance of violent agendas.

Fraud 195
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Red Envelopes, Fortnite And The Rise Of Micro Money Laundering

PYMNTS

In January, for instance, news emerged that Fortnite ’s in-game currency was being used to launder money from stolen credit cards. It works like this: A hacker will access someone else’s credit card information, then use it to create a Fortnite account and buy V-bucks, the game’s currency. Examples abound. Proactive Approach.

Examples 194
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Online courses & content.

Industry 101