You are cordially invited to attend KPMG in Thailand’s event on:

Global Banking APP Scam Survey Insights: Strategies to manage authorized push payment fraud

APP scams are a widespread global problem that affects multiple countries and financial institutions. Scammers deceive victims into sending money by pretending to be trustworthy sources like banks. Victims are tricked into believing they are making legitimate transactions but end up sending money to fraudsters. The losses from these scams add up to billions yearly. To combat this issue, banks, governments, regulators, and consumers all play a role in protecting against fraud. The Global Banking APP Scam Survey was conducted to identify trends and best practices that enable banks to protect consumers.

In this session, we will discuss the survey’s key findings and what banks are currently doing to detect, prevent and respond to APP scams.