Scams Capture 22.4% of Fraud Dollars as Banks Adjust Defenses

Source excerpt · PYMNTS

Banks have an opportunity to strengthen fraud prevention by looking more closely at payments that arrive with a valid login or a customer’s approval. That’s the central implication of the third key finding in “Scams Get Personal: Why Banks Pay More to Fight Fraud,” a PYMNTS Intelligence report in The Fraud Economy series. Based on […] The post Scams Capture 22.4% of Fraud Dollars as Banks Adjust D…