Invoice Fake: How to Identify Them

Invoice Fake: How to Identify Them

Lately, scammers have refined their fake invoice tactics, causing a serious threat to people’s finances. In fact, in 2023, a couple was scammed out of $139,000 while trying to buy a Mercedes-Benz after being offered a fake invoice by the fraudsters, according to ACS...
Fraud Detection Techniques: Importance and Examples

Fraud Detection Techniques: Importance and Examples

Fraud detection is more important than ever as it affects businesses, people, and banks. According to Alloy’s 2024 State of Fraud Benchmark Report, in the US, fraud rates increased by 62% in consumer accounts and 52% in business accounts. That’s why better fraud...