Search Results for: investment scams

FICO Survey: Majority of US Consumers Have Been Contacted by Real-Time-Payment Scammers
Digital Payments News

FICO Survey: Majority of US Consumers Have Been Contacted by Real-Time-Payment Scammers

Business Wire
by Business Wire0
A new report from FICO found that the consumer impact of authorized user and push payment scams are increasing and top of mind for American consumers Today, global analytics software firm, FICO released new research examining consumers’ increased use of real-time-payments (RTP) and the subsequent rise and impact of authorized push......
Kaspersky Survey Finds One in Three Users Have Experienced Crypto Theft; Average Loss Is $97,583
Cryptocurrency News

Kaspersky Survey Finds One in Three Users Have Experienced Crypto Theft; Average Loss Is $97,583

PR Newswire
by PR Newswire0
Kaspersky has released new survey results showing that one third of crypto owners in the U.S. have experienced theft of their currency or other assets, at an average cost of $97,583. This, and other findings, are part of a new report, “Crypto Threats 2023,” based on a survey of 2,000 American adults in October 2022. Crypto......
Are Neo-Banking Business Models Unviable?
Banking Featured Finance

Are Neo-Banking Business Models Unviable?

Pooja Choudhary
by Pooja Choudhary0
Ongoing economic uncertainty and bloated valuations are having a dramatic impact on fintech funding rounds. There seems to be a discouraging picture being painted by last year’s numbers which portray a threat of a looming recession. Does this outrage pose a question – are neo-banks, which came into their own......
Reseda Group Invests $8 Millon in Cutting-Edge Fintech Companies
Fintech News

Reseda Group Invests $8 Millon in Cutting-Edge Fintech Companies

PR Newswire
by PR Newswire0
Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU), announced $8 million in investments to support and grow several emerging fintech companies. The investments are spread across the four companies — Nymbus, Flow Networks, Prizeout, and Larky — and are part of Reseda Group’s efforts to bring innovative technology and solutions to......
DeFi News Technology

Swisscheese – World’s First-Ever Decentralized Stock Exchange

Fintech News Desk
by Fintech News Desk0
Looking back at history, it’s evident that some companies have been known to deceive their investors, causing devastating financial losses. As investors, it’s crucial to learn from the past and protect ourselves from falling victim to similar scams. These cases serve as cautionary tales and a reminder of the importance......
Pismo and Drona Pay to Boost Security in Digital Payments
Digital Payments Lending News

Pismo and Drona Pay to Boost Security in Digital Payments

Fintech News Desk
by Fintech News Desk0
Solution uses machine learning at scale to protect real-time digital transactions Fraud management has become a massive headache for banks and fintechs worldwide. As digital payments become more popular, projected to grow 12%, reaching US$ 14.8 trillion by 2027, payment frauds are also expected to rise. India follows the international trend. UPI transactions increased by 91% last......
Digital Wallet Fintech Fintech Radar Security

How To Safeguard Your Digital Wallets From Getting Hacked?

Pooja Choudhary
by Pooja Choudhary0
One of the reasons that individuals have been reluctant to put resources into digital money is a result of security gambles. Dissimilar to FDIC-guaranteed ledgers, cryptographic money is unregulated by most governments so you might not have lawful recourse. Although there are risks involved with using digital wallets or conducting......
Houdini Swap Crosses $10 Million in Total Volume for Its Anonymous Cross-Chain Swap Platform, Launches Loyalty Program $POOF
Blockchain News Security

Houdini Swap Crosses $10 Million in Total Volume for Its Anonymous Cross-Chain Swap Platform, Launches Loyalty Program $POOF

Fintech News Desk
by Fintech News Desk0
Houdini Swap allows users to maintain privacy on the blockchain, offering a regulatory compliant anonymization service for Web3 participants. The platform has seen strong demand for its privacy and security solutions and plans to launch a loyalty & referral program enabled by $POOF token to reward users and attract new......
Cryptocurrency DeFi Finance News

Immunefi Reports $3.9Billion Of Funds Lost In Crypto In 2022

Fintech News Desk
by Fintech News Desk0
Immunefi, the leading bug bounty and security services platform for web3, protecting over $60 billion in user funds, published its Crypto Losses in 2022 Report. The crypto industry lost $3,948,856,037 in 2022. The 5 major exploits of the year totaled $2,361,000,000 alone, accounting for 59.8% of all losses in 2022.......
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