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How fraudsters target different generations

Independent Banker

Financial fraud and cyber attacks aren’t a one-age-fits-all scenario. Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. We look at community banks’ options for fighting this type of crime. By Katie Kuehner-Hebert. Rehman Khan, Travelers.

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Top News In Payments: Amadeus Teams With Visa’s CyberSource; CitiConnect Processes Over 157M API Calls

PYMNTS

Today in the payments news roundup, travel technology firm Amadeus is teaming with Visa’s CyberSource to bolster anti-fraud measures for the industry. Trending: Merchants Struggle With The (Un)Certainty Of eCommerce Sales Taxes. Some of the restaurants have joined a movement with a popular social media hashtag of #logout.

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Don’t let love blind you from Romance Scams

Qudos Bank

While dating apps, social media networks and gaming apps are great to connect with like-minded people, they could also put you at risk of connecting with a scammer that will manipulate you for money. The scammer will pretend that they’re an Investment Manager or Broker. Million in overall losses. million dollars.

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Vietnam Goes After Facebook Over ‘Slanderous’ Content

PYMNTS

Facebook is facing accusations from Vietnam that the social media giant did not remove content that it said was “slanderous,” reported Financial Times. Citing a briefing in Hanoi, Vietnam on Tuesday (Jan. Citing a briefing in Hanoi, Vietnam on Tuesday (Jan. 1, 2019.

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Don’t let love blind you from Romance Scams

Qudos Bank

While dating apps, social media networks and gaming apps are great to connect with like-minded people, they could also put you at risk of connecting with a scammer that will manipulate you for money. The scammer will pretend that they’re an Investment Manager or Broker. Million in overall losses. million dollars.

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Fintech Deals to Watch: Back to School

Gonzobanker

Thankfully, there was still a smartphone and social media to commiserate. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Keep an eye on the initial banks working on these projects.

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Fraudsters Pose As Hurricane Relief Orgs

PYMNTS

Watch out for fake websites and social media pages. More than a decade later, thanks to the proliferation of social media, information (and misinformation) spreads faster than ever. When it comes to Facebook and other social media platforms, look for the “Verified” checkmark. Experts weigh in.