CORRECTING and REPLACING FICO Survey: 1 in 4 Indonesian Consumers Report Losing Money to Scams via Real-Time Payments

CORRECTING and REPLACING FICO Survey: 1 in 4 Indonesian Consumers Report Losing Money to Scams via Real-Time Payments

JAKARTA, Indonesia--(BUSINESS WIRE)--Mar 27, 2025-

In the case of grand trick and co., fraudsters are increasingly resorting to the fast-paced payment method. Tracking where the money ends up becomes almost impossible. The EU thereby plays into the cards from which it should protect its citizens.

Alarming FICO Study: Indonesian Payment Scams Hit $4,300 Per Attack, Surge 8X in 2024

New FICO research reveals 23% of Indonesians lost money to payment scams, with high-value losses jumping 8X. Banks face pressure as 70% demand better protection.