Virtual credit card fraud: An old scam reinvented
3 min read - In today's rapidly evolving financial landscape, as banks continue to broaden their range of services and embrace innovative technologies, they find themselves at the forefront of a dual-edged sword. While these advancements promise greater convenience and accessibility for customers, they also inadvertently expose the financial industry to an ever-shifting spectrum of emerging fraud trends. This delicate balance between new offerings and security controls is a key part of the modern banking challenges. In this blog, we explore such an example.…