Bitesize Payments

Fraud and Scams - The dark underbelly of Payments

Paul Thomalla Season 1 Episode 21

Welcome back to Bitesize Payments, in today's episode we dive into the murky waters of payment fraud and scams. From ancient swindlers to modern-day cybercriminals, we're charting the course of deceptive practices that have evolved alongside our financial systems. 

Fraud is a personal and often distressing experience, and while we won't dwell on the emotional aspects, it's important to recognise its impact. 

Our story begins in ancient civilisations, where currency first sparked opportunistic deceit. Recall the bustling marketplaces of Lydia, the cradle of coinage we discussed in episode one, where fraudsters first exchanged counterfeit coins for genuine ones, setting the stage for an enduring struggle between trust and deception.

 So, let's set sail on this journey through time and technology and the dark underbelly of payments.









Payments Industry Insights

History of Payments

Payment System Explained

Corporate Payments Strategy

Payment Regulations Impact

ISO20022 Standard

Digital Payments Evolution

CBDC Advancements

Cryptocurrency in Payments

Financial Technology Education