Consumers’ worldwide adoption of instant, contactless transactions has provided an opportunity for some to take advantage of loopholes and weaknesses in digital systems. Peer-to-peer (P2P) payments fraud, synthetic identities, and cryptocurrency scams are just a few examples in the current trends of financial crimes. Financial institutions, regulators, and technology providers…
The post Emerging Financial Crime Trends, Payment Fraud, and Risk Mitigation: How Banks Can Be Prepared | Morgan Lewis | #phishing | #scams appeared first on NATIONAL CYBER SECURITY NEWS TODAY.
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