Lessons Learned from Fighting Scams Across the Regions – Sydney
In the first half of 2021, fraud losses from authorized push payments (APP) scams increased 71% – surpassing the amount of money stolen through card fraud for the first time. Scams are not necessarily a new threat vector, but are increasing both in frequency and financial damage worldwide.
But why are scams so difficult to detect? They involve payments that are authorized and executed by the true account holder – which is why standalone data enrichers, like device fingerprinting, are ineffective in detecting scams.
Join our roundtable to learn about top fraud technologies that set traps and combat a variety of scams, like impersonation of bank officials, investment scams, romance scams and many others.