Stay updated with breaking news from Fraud Reporting. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Banks are stepping up their efforts to protect their customers against scams, announcing the launch of a Scam-Safe Accord whose first project will be the development of a confirmation of payee system.
The Reserve Bank of India has imposed monetary penalties on Kotak Mahindra Bank and ICICI Bank due to deficiencies in regulatory compliance, according to two separate RBI press releases issued on October 17, 2023.
With cyber-crime on the rise, should Australia follow in the UK's footsteps and make banks reimburse scam victims? Forbes Advisor takes a closer look at the issue.
The banks are stepping up their efforts in the scam detection and prevention department, launching a new reporting service designed to facilitate rapid notification of fraudulent payments transferred or en route to another bank.
Many Canadians are subjected to fraud and scams each year, the most common being credit card fraud, and to coincide with Fraud Awareness Month in March, CTVNews.ca takes a look at some of the red flags for individuals and businesses.