Tag: romance scams
Real-time AML: Stopping scams before money vanishes
The speed of modern finance has transformed convenience for consumers, but it has also reshaped the fraud landscape. Instant bank transfers and crypto transactions...
Why prepaid gift cards are a growing financial crime risk
The idea that a Valentine’s Day gift could play a role in financial crime still feels counter-intuitive to many consumers. Yet prepaid vouchers and...
Banks face heightened reputational and financial risks as romance scams surge
Romance scams, particularly in the form of sextortion, have experienced a sharp increase, with Moody’s identifying 1,193 new entities and individuals globally with potential...
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