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Stock impact report

ACI Worldwide Scamscope Projects APP Scam Losses to Hit $7.6 Billion by 2028 [Yahoo! Finance]

ACI Worldwide, Inc. (ACIW) 
Last aci worldwide, inc. earnings: 8/8 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
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., November 20, 2024 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 bypasses traditional fraud detection systems and controls. As rapid global adoption of real-time payments transforms the speed and velocity of how money moves, enabling faster and m Show less Read more
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