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Avalara Survey Finds Hidden Fees Stifle Cross-Border Consumers

PRNewswireJuly 10, 20246 min
Avalara, Inc., a leading provider of tax compliance automation software for businesses of all sizes, published new analysis exploring the impact of cross-border complexity on businesses and consumers globally. The findings highlight a growing disconnect between the global shopping aspirations of younger generations and the regulatory landscape of international trade. Young consumers drive global shopping trends The survey reveals that younger consumers are at the forefront of cross-border shopping. Around two-thirds of both the 16–24-year-old...

Citi urges consumers to be vigilant against investment scams

PRNewswireJune 9, 20233 min
Global financial institution Citi is urging consumers to remain vigilant following a spate of scams that have used the company’s branding to deceive unsuspecting New Zealanders. Citi provides a range of financial services to institutional, government and corporate clients but does not offer products or services to individual retail customers in New Zealand. In recent months, criminals have used the branding of legitimate financial institutions and banks, including Citi, to entice victims into fake investments. Criminals...

Over half of consumers have been a victim of financial crime

BusinessWireApril 17, 20238 min
Feedzai’s new report reveals a lack of awareness of scams is putting many consumers at severe risk Romance scams top the list of most common fraud type with one in 10 who have fallen victim losing more than $8,400 to scammers Fraudsters are adapting and increasingly taking advantage of unsuspecting consumers, luring them into becoming money mules with 42% approached on social media Consumers believe it’s the responsibility of their bank to reimburse them should they...

HSB Adds WhiteHaX® App to Cyber Insurance for Consumers

BusinessWireDecember 7, 20228 min
WhiteHaX CyberSafe app helps manage security risks State-of-the-art protection for personal devices Cyber safety tools that are easy to use The Power of Privacy and Cybersecurity Specialty insurer HSB today announced an agreement with IronSDN, Corp., to add app-based cyber risk management tools to HSB’s coverage for consumers and their families. WhiteHaX® CyberSafe, developed by IronSDN, is an advanced risk verification and protection app for smartphones and other personal devices that is easy for customers...

UK Consumers Will Choose Banks Based on Fraud Protection: FICO

BusinessWireDecember 5, 20227 min
FICO’s latest survey into fraud and identity verification shows consumers rank fraud protection as number one consideration when choosing a new financial account provider and they’re now on board with the latest identity verification methods Highlights 30 percent of respondents selected good fraud prevention as their number one consideration when choosing a new provider 25 percent said they had stopped opening a new personal account as the identity checks were too difficult or time-consuming Global...
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