Announcements

  • Fintechs Need to Learn From Banks and Credit Unions about Protecting Consumers from—PaymentsJournal

    By: Mark Dixon, AAP, APRP, NCP Mark Dixon, AAP, APRP, NCP , 3 years ago
    "The New York Times published an in-depth article on fraud issues that consumers using Square’s Cash App and PayPal’s Venmo are enduring. Scammers are targeting these users and tricking them out of significant amounts of money, despite the fact that users need to acknowledge and authorize each transaction.  The tactics that criminals use are getting increasingly sophisticated, as highlighted in one tale of woe:"