Global approaches to regulating rising fraud
Rampant APP fraud raises thorny questions on liability for banks across the globe. Where will regulators head next in their bid to tackle the scourge of scams?
Source: thebanker.com
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APP scams: prevention benefits us all
While reimbursement for APP fraud is generally regarded as a positive step, it is crucial to recognise the profound impacts that go beyond the mere restoration of funds.
Source: thebanker.com
Calgary woman urges app awareness after scammers defraud her in complicated scheme
A Calgary woman is warning others after someone claiming to be a fraud investigator with Amazon got her to install an app and send $2,500 in a digital wallet.
Source: globalnews.ca
Skip the queue: Chennai Metro introduces WhatsApp ticketing for seamless and discounted travel
This innovative feature eliminates the need for queuing at metro stations to purchase tickets, allowing users to conveniently book their tickets through WhatsApp
Source: firstpost.com
Scamshield App Scam: Singapore Warns People Who Buy Food Items Online Over Fake Shopping App
Singaporean police alert the users about a fake shopping app that scammers use to lure victims into downloading malicious links.
Source: techtimes.com