ACI Worldwide Scamscope Projects APP Scam Losses to Hit $7.6 Billion by 2028
ACI Worldwide, Inc. (ACIW)
Last aci worldwide, inc. earnings: 8/8 06:00 am
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Source: Business Wire
Losses to APP scams are expected to record an average CAGR of 12% from 2023-2028.Real-time payment APP scam losses are expected to grow to $6.1 billion by 2028, comprising 80% of total APP scam values.One in four scam victims will leave their current financial institution, underscoring the critical need for FIs to protect customers and maintain trust. OMAHA, Neb.--(BUSINESS WIRE)--Authorized push payment (APP) scam losses are on the rise, expected to climb to $7.6 billion by 2028 across six leading real-time payment markets (U.S., U.K., India, Brazil, Australia and UAE), according to the latest Scamscope report from ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, in partnership with GlobalData, a leading data and analytics company.APP scammers prey on trust by deceiving individuals into willingly transferring funds to them. This trust-based manipulation makes APP scams particularly challenging to detect as the transaction appears legitimate and b
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News
- ACI Worldwide Scamscope Projects APP Scam Losses to Hit $7.6 Billion by 2028 [Yahoo! Finance]Yahoo! Finance
- Zimswitch Taps ACI Worldwide to Protect Zimbabweans from Payment Fraud [Yahoo! Finance]Yahoo! Finance
- Zimswitch Taps ACI Worldwide to Protect Zimbabweans from Payment FraudBusiness Wire
- Fraud Detection and Prevention Market to grow by USD 86.68 billion (2024-2028), rising adoption of cloud-based services to drive revenue, Report on how AI is transforming the market - Technavio [Yahoo! Finance]Yahoo! Finance
- RYVYL Reports Q3 2024 Results [Yahoo! Finance]Yahoo! Finance
ACIW
Earnings
- 11/7/24 - Beat
ACIW
Sec Filings
- 11/15/24 - Form 4
- 11/13/24 - Form 144
- 11/12/24 - Form 4
- ACIW's page on the SEC website