‘Pig butchering’: why banks need to take action or risk liabilityBy Silvija Krupena
January 2, 2024
Most of us have been targets of online scams. These range from simply being invited to click on a malicious link to being pressured into handing over information to someone pretending to be from your bank, or even being blackmailed by someone claiming to have compromising footage of you.
Lax compliance processes at neobanks risk contributing to a rise in digital payments for money laundering, Europol has said. In its first-ever report on financial and economic crime in the...Read more