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#paymentfraud — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #paymentfraud, aggregated by home.social.

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  1. Top payment fraud trends to watch in 2024 include AI-driven scams, Buy Now, Pay Later (BNPL) fraud, and advanced social engineering tactics. Staying informed can help businesses and consumers better protect against these risks. #PaymentFraud #Cybersecurity
    fintechnews.sg/103445/security

  2. Walmart offers consumers the ability to send and receive money transfers through its stores. FTC alleges that the money transfer method has been used for telemarketing and other mass marketing frauds, such as lottery, prize, and sweepstakes scams, advance-fee loan scams, person-in-need, grandparent, and emergency scams, and government imposter and utility scams, induce people to use Walmart’s money transfer services to send money to domestic and international fraud rings.

    ftc.gov/system/files/ftc_gov/p

    ftc.gov/news-events/news/press

    #paymentfraud #scams