Real Estate Scams: Be Cautious with Wiring Instructions

The April 2026 Monthly Fraud Report is out. This month, fraud got quieter. Bank statements rebuilt to fit. 💰 Payslips regenerated. 📍 Postcodes hidden underneath postcodes. 🕵♀️ The manipulations sit inside the documents you rely on most, and they're built to pass a manual check on first look. Inside the report: 🏦 61% of analysed documents were bank statements 📸 29% arrived as photos or scans, stripping the forensic trail 5️⃣ Five real cases pulled from this month's submissions 👉 https://lnkd.in/eiKmp2DM #FraudPrevention #DocumentFraud #Fintech #RegTech

Mobile money fraud is not increasing… BUT Our controls are just getting exposed. Fraudsters are not smarter than our systems. They are simply faster than our response. While teams review reports… Fraudsters are cashing out in real-time. Here’s the truth most won’t say: Static rules = guaranteed losses. If your fraud strategy is: → Reactive → Manual → End-of-day You are not preventing fraud. You are recording it. Winning operators do one thing differently: They detect → decide → act All in real-time. Anything less is just damage control. #MobileMoney #FraudPrevention #RevenueAssurance #Fintech

19 of the top 20 US banks already trust Prove. Many of those same leaders are FICO power users. At #FICOWorld26 (May 19–22), we’re showing shared clients how to do two things: + streamline account opening for legitimate customers and + stop real-time threats like SIM swaps, recycled number fraud and account takeovers before they cause damage. If you’re heading to the event, let me know via DM or below in comments. #FICOWorld26 #Prove

As per government data shared in Parliament With 10.64 lakh UPI fraud cases worth ₹805 crore reported in FY25-26 (till November), Day2/100 UPI Fraud Basics Technology Reduces Some Risks But Cannot Remove Human Manipulation. Technology builds the door, installs the lock, and makes it nearly impossible to break in. But if someone convinces you to open the door yourself — the lock becomes useless. That is exactly the gap between what technology can do and what it cannot. Technology Successfully Reduces ✅ Weak Authentication Unauthorized Access Suspicious Transactions Technology Cannot Regulate Emotions❌ Fraudsters don't attack your phone. They attack your mental state or Peace. Like Fear — Account blocked in 10 mins. Urgency — Act now or lose it! Trust — I'm from your bank #100DaysWithTVS #LinkedIn #Finance #learning The Valuation School

Money moves in, money moves out. Nobody asks questions. 💸 That's a mule account. By the time your fraud team flags it, the cash is already three banks away. Individually, each action may seem normal. But across connected accounts, the pattern becomes more visible and can include rapid transfers, shared devices, and coordinated movement. That’s why fraud teams need to look beyond the transaction and analyze the network behind it. Here's how to identify them 👉 https://lnkd.in/ga-C7hMg

Even though cheques aren’t used as much these days, scammers still rely on them. They may ask you to deposit a cheque then send some of the money to cover “shipping” or “fees”—but the cheque can later bounce, leaving you responsible.    Protect yourself by:  • Only accepting cheques from verified, trusted sources  • Considering electronic payments, which are more secure than cheques   • Being very suspicious of anyone who sends more money than you are asking for – it’s most likely a scam     Stay alert by learning more here: https://lnkd.in/eYfKERH9     #FraudPrevention #Scams

𝗬𝗼𝘂𝗿 𝗳𝗿𝗮𝘂𝗱 𝘀𝘆𝘀𝘁𝗲𝗺 𝗶𝘀 𝘀𝘁𝗼𝗽𝗽𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗯𝗲𝘀𝘁 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀. And you don’t know that. “False positives don’t announce themselves. They’re just abandoned checkouts. Such as lower conversion rates. For example, international customers who tried once and never came back. Here's what's really going on: A gaming customer making a deposit from a new device is flagged. Forex trader makes a deposit bigger than expected and gets blocked. An overseas customer of a CBD business is automatically declined. None of them are fraudsters. All of them feel like they've been accused of being one. Not one of them are liars. The industry is united in what comes next: research. “Most of them go to a competitor.” Most of them don't come back. And your acquisition cost goes with them. The goal of fraud prevention was never to stop all transactions. It was to stop the bad ones — without punishing the good ones. 𝗜𝗳 𝘆𝗼𝘂𝗿 𝗳𝗿𝗮𝘂𝗱 𝘀𝘆𝘀𝘁𝗲𝗺 𝗰𝗮𝗻'𝘁 𝘁𝗲𝗹𝗹 𝘁𝗵𝗲 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲 — 𝗜𝘁'𝘀 𝗻𝗼𝘁 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀. 𝗜𝘁'𝘀 𝗾𝘂𝗶𝗲𝘁𝗹𝘆 𝗱𝗲𝘀𝘁𝗿𝗼𝘆𝗶𝗻𝗴 𝗶𝘁 𝗳𝗿𝗼𝗺 𝗮 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝗱𝗶𝗿𝗲𝗰𝘁𝗶𝗼𝗻. Have you ever calculated your false positive rate? 👇 #FraudPrevention #FraudDetection #HighRiskPayments #PaymentSecurity #OnlineFraud #ChargebackPrevention #HighRiskBusiness #ConversionOptimization #PaymentProcessing #MerchantAccount

Fraud used to live quietly in the back office. Now it’s very much front and center — and bringing some chaos to the credit union member experience. 😨 As fraud attacks get more coordinated, the game has changed. It’s no longer just about catching bad actors. It’s about stopping them before they cause damage, without making your members jump through hoops. In this Credit Union Tracker® Series report, PYMNTS and Velera explain exactly how your CU can level up your fraud strategies — with practical, actionable insights you can use. Because the real win is security and seamless member experiences. 🔗 https://bit.ly/4nsDhMr #FraudPrevention #CreditUnions #MemberExperience

Payment fraud keeps evolving because bad actors adapt faster than traditional transaction monitoring. Shifting from simply validating transactions to truly verifying counterparties is where proactive prevention starts and is where financial institutions can get ahead of fraud. We'd be happy to talk more to you about this!

Financial institutions have spent years refining their methods for detecting suspicious transactions. But #PaymentFraud continues to escalate. The disconnect comes from a fundamental misalignment between how #fraud is executed and how it is prevented. To close this gap, financial institutions need to shift their focus from validating transactions to verifying counterparties. This approach will transform fraud prevention from a reactive to a proactive process. Our blog breaks down the details: https://lnkd.in/d5nQu5PJ #PaymentProtection #BankingFraud #ScamPrevention