In the latest episode of Unseen Money, we talk about the recent $4.5 million fraud committed against Ol’ga Serova, a 71-year-old former bureaucrat from Samara, Russia. We discuss:
- KGB legacy: how Russian scammers play on people’s long-standing fear of the authorities
- Greed, fear and social engineering by country: why a typical Russian fraud victim differs from one in the US and Europe
- Big brother in Singapore: new state powers to freeze the bank accounts of potential fraud victims
- AML, KYC and Timur’s past struggles to receive his salary into a UK bank account
- Fintechs fail: the knock-on effects from the UK’s new compensation rules for victims of authorised push payment fraud
- Will new in-app communication channels help prevent payment scams?
- Why small, iterative changes in anti-fraud technology are best
- Survival of the fittest: why the weakest and least secure payments firms must go under.
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The New Money Review podcast brings you the best minds from the world of money.
From economics to payments, financial markets, technology, law, digital assets, crime and fraud, you’ll find an episode that interests you.
