This presentation by the Money 2.0 Conference sheds light on the FinTech industry and the scammers it fights to keep its consumer satisfied. With the help of this presentation, you will be able to understand the detection of spam in the industry and its types. Also, you will find an enlightening section that covers how essential attending conferences have become for the industry leaders and FinTech experts to fight against frauds.

1. Major FinTech Fraud Schemes You
Need To Be Aware Of
Attending the Money 2.0 Conference Can Help
You Fight FinTech Fraud!

2. Table Of Contents
→ How to Detect Fraud Activities in FinTech?
→ Types Of FinTech Fraud
→ How Will Attending the Money 2.0 Conference
Help?

3. How to Detect Fraud Activities in FinTech?

4. ● Over the years, the FinTech industry has found much-needed
popularity as it has enabled online financial transactions worldwide.
● But the financial transaction has welcomed a lot of spying eyes to it,
making the sector vulnerable to fraudsters.
● As the FinTech industry is progressively paving its way towards
success, internet scammers are improving their techniques to spread
their wings and carry out nefarious activities.
● Many businesses and individuals are constantly affected by
fraudulent activities like phishing, account fraud, identity theft, and
transaction fraud, making spam detection even more crucial.
● Fraud detection is complex, so installing technologically advanced
tools in your organization is vital to detect any suspicious activity at
the primary stage.

5. Types Of FinTech Frauds →

6. First-Party Fraud:
● First-party fraud, shockingly, is carried out by the genuine holder of
the account.
● In such a scamming scenario, the account holder violates the
facilities provided to them to make an illegal benefit.
Identity Scam:
● Identity scam is one of the rampant challenges in today’s financial
sector. With the advancement of technology, it has become easier
for fraudsters to steal and assume your identity to defraud you.
● The spammer usually steals your ID to apply for credit, taxes, or
enjoy medical services.

7. Bot Attacks:
● Financial services have become a lucrative target for bot attacks;
from data indexing to cyber attacks, everything is done by
fraudsters using bots to run automated tasks using the Internet.
● Bot attackers tend to overwhelm the website with fake requests in
order to deplete its resources.
DeepFakes & Synthetic Media:
● Deepfakes have become havoc for the uninformed as bad actors
hide behind this tactic to commit many inexplicable financial crimes.
● Deepfakes and synthetic media fraudsters target especially
organizations facing public relations crises.

8. How Attending the Money 2.0 Conference Is
Helpful?

9. You must give a chance to yourself if you wish to open
potential windows that will help you surpass the fraudulent
activities prevalent in the FinTech industry.
Attending the Money 2.0 Conference is one way of the
easiest ways of learning how to fight against such foul
actors.
Let’s See How →

10. Learning Opportunities:
You will get a chance to unite with hundreds of financial gurus and
FinTech leaders who will share their experience and knowledge so you
can fight back against the world of fraudsters.
Engaging Contents:
You can learn more about the FinTech industries and the possible threats
associated with them so you can make an informed decision when you
are back to your business.
Exhibition & Sponsorship:
Eminent conferences like the Money 2.0 Conference dedicated a space
where financial enthusiasts can pitch their ideas and services that will
act as a tool to fight the bad actors effectively.

11. Thank You!
This Presentation Is Prepared By
Yash Dogra,
Manager, Money 2.0 Conference