Fraud Landscape: Impact of Fraud on Your Customers and Business

Fraud
Payments
MRC Vegas 2024
Federal Reserve Bank Boston, AARP
Mar 27, 2024
Presentations

Fraud continues to increase year over year, targeting consumers and businesses who unknowingly put their trust in the fraudster, resulting in financial losses and emotional distress. The objective of this session is to provide an overview of how fraudsters typically target their victims, help your organization better understand and mitigate the problem, show timely access to fraud information can help in fraud management, and to educate consumers/industries in detecting fraud early on to prevent potential losses within an organization.

Learning Objectives:

  • Attendees will better understand the impact of fraud trends and learn how to identify and discuss with their customers.
  • Learn how the Federal Reserve is working with the payments industry to address these challenges and how you can stay informed on their progress

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