1 in 3 Indians using real-time payments scammed in 2024, high-value losses doubled: Fico survey

The '2024 Scams Impact Survey: India' revealed that 34 per cent of respondents had paid for products, services, or investments that were never delivered. Additionally, 45 per cent believed that enhancing fraud detection systems was the most crucial step banks could take to prevent scams

1 in 3 Indians using real-time payments scammed in 2024, high-value losses doubled: Fico survey
The '2024 Scams Impact Survey: India' revealed that 34 per cent of respondents had paid for products, services, or investments that were never delivered. Additionally, 45 per cent believed that enhancing fraud detection systems was the most crucial step banks could take to prevent scams