Scams Move From the Inbox to the Text Screen
A bank can monitor a login, score a transaction and flag unusual account activity. It can’t see the text message that convinced its customer to send the money, which is giving scammers a lucrative way to switch up how they reach victims. The PYMNTS Intelligence report “Fraud’s Loyalty Tax: How Scams Cost Banks Their Cu
A bank can monitor a login, score a transaction and flag unusual account activity. It can’t see the text message that convinced its customer to send the money, which is giving scammers a lucrative way to switch up how they reach victims. The PYMNTS Intelligence report “Fraud’s Loyalty Tax: How Scams Cost Banks Their Cu
This story was curated by Paysonas from PYMNTS.com as part of our daily payment-industry briefing. Read the original article for full details.