SCAMNETIC

Al-based Scam Detection and Prevention

[SCAMNETIC @SCAMNETIC]

Elder financial exploitation is one of the most common forms of elder abuse. And #AI has made it easier than ever before for #scams to go according to plan.

“AI has basically brought spear phishing to the masses as criminals can craft far more targeted attacks at scale,” our CEO, Al Pascual, told @ConsumerAffairs.

Read more: https://t.co/wrYKUx8F9n

[SCAMNETIC @SCAMNETIC]

#ScamPrevention is increasingly about preserving confidence, not just preventing loss.

Many organizations are expanding investments in consumer protection to help customers recognize deception BEFORE harm occurs. This is incredibly important for customer loyalty.

Protecting customers is not only tied to #fraud outcomes, but to preserving trust.

[SCAMNETIC @SCAMNETIC]

Following a recent #scam attack on a 79-year-old D.C. resident, our CEO, Al Pascual, joins local news (@WUSA9) to explain why older people are often targets.

The bottom line? “Scammers love social isolation," Al said.

Watch the full clip for insight into warning signs to look out for.

👉 https://t.co/r3VQUDqpz8

[SCAMNETIC @SCAMNETIC]

Our CEO, Al Pascual, joins the host of @FutureTech_Pod, Matt, and they expose how criminal syndicates leverage #AI deepfakes and automated call centers to execute #scams, and why current banking regulations leave victims entirely unprotected.

Listen in: https://t.co/eMsdnHmIBH

[SCAMNETIC @SCAMNETIC]

This #ElderAbuseAwarenessDay, we’re bringing awareness to the growing dangers of elder financial exploitation.

Our CEO, Al Pascual, shares his advice: educate potential victims about when they’re speaking with a #scammer, connect trusted family members with elderly family members’ financial institutions, and use tools to alert others when elderly family members are being targeted.

[SCAMNETIC @SCAMNETIC]

Fraud prevention has a speed problem.

Most institutions have invested heavily in detecting #fraud. But detection alone doesn't stop loss; acting on it fast enough does.

The window between spotting a #scam and funds leaving an account is shrinking. Real-time payments don't pause for manual review. Fraudsters aren't slowing down.

The race is already on. The question is: how far behind is your response?

[SCAMNETIC @SCAMNETIC]

Our CEO, Al Pascual, joins the Scam Squad for an in-depth discussion on #fraud today (hint: it’s more prevalent than ever before) and where to start to protect your loved ones. The answer? Skepticism.

🎧: https://t.co/ali7tndpaN

[SCAMNETIC @SCAMNETIC]

At @Mastercard’s recent Small Business Summit, Al Pascual joined entrepreneurs, experts, and partners from across the U.S. to discuss today’s small business needs.

And when it comes to tackling #cybersecurity, it’s no easy feat. The takeaway? Slow down, use a password manager, check accounts regularly, and freeze your credit, but monitor it. More details: https://t.co/T067iSAdsY

[SCAMNETIC @SCAMNETIC]

Trust is everything for #banks. Customers are more likely to stay with a bank that restores all or a portion of their losses.

The latest @pymnts Intelligence Report shows why #FinancialScams are the new customer-churn crisis for banks.

➡️https://t.co/barki87RcE

[SCAMNETIC @SCAMNETIC]

#AI is changing more than #fraud tactics, it’s changing fraud dynamics. The way to get ahead? Adapt early.

The opportunity for #banks is to move earlier, before customer trust is damaged and before fraud losses expose the limitations of legacy assumptions.

Learn more: https://t.co/7QSghggwib

[SCAMNETIC @SCAMNETIC]

Until about four years ago, #banks didn’t worry much about #scams.

Since then, scam losses have grown precipitously. U.S. consumers lost an estimated $5.7 billion to investment scams in 2024, and it’s eroding trust in #FinancialInstitutions.

Our CEO, Al Pascual, takes a closer look at the situation via The Financial Brand: https://t.co/wAVu1Htn5Y

[SCAMNETIC @SCAMNETIC]

#ICYMI: Scamnetic’s Threat Intelligence and #ScamDetection capabilities power the #AI-driven hub, https://t.co/DCHyK8lcug. 👀

Check out all the details: https://t.co/Dfvm3qaLfd

[SCAMNETIC @SCAMNETIC]

Confirmation of Payee was introduced to help users avoid sending money to the wrong account by verifying that a name matches the destination details.

But confidence is exactly what modern #scams are designed to manufacture.

The future of #PaymentFraud prevention requires more than reassurance. Learn why: https://t.co/opM3MAljir

[SCAMNETIC @SCAMNETIC]

The first line of defense against #scams? Recognizing the red flags. 🚩

But modern tactics don’t always include obvious warning signs. Like our CEO, Al Pascual, pointed out via @Investopedia, communications that appear patient can still be dangerous.

More insight: https://t.co/XsJXxGqQdO

[SCAMNETIC @SCAMNETIC]

Verifying that an identity exists is no longer enough. We’re taking a patented approach to fix it.

Most identity tools answer one question: Does this identity exist? But the more important question is whether the person presenting the identity is its true owner. That’s what IDeveryone delivers.

Learn more: https://t.co/eECBDEKJPT

[SCAMNETIC @SCAMNETIC]

Authorized push payment #fraud must be stopped BEFORE a transaction is finalized — at the moment the user is evaluating whether to proceed.

By introducing verification into the payment flow, financial institutions can move from reacting to preventing. Learn more: https://t.co/SOz2r24pfb

[SCAMNETIC @SCAMNETIC]

#Scams are everywhere. We have to keep an eye out for red flags at all times.

“If we can focus on the transactions themselves — whether it be moving the money or sharing that information that can be monetized — it creates another opportunity to look for those red flags,” said our CEO, Al Pascual, on our recent webinar with Kasasa.

[SCAMNETIC @SCAMNETIC]

Findings from @nasdaq revealed global losses to bank #fraud grew 8.2% from 2023 to 2025, totaling $517.4 billion last year.

Download the full report for all the details on the new era of #AI-powered threats: https://t.co/IjF9wrTgJ0

[SCAMNETIC @SCAMNETIC]

Have you heard? Our CEO, Al Pascual, recently joined the @ScammerPayback Podcast!

The discussion covers the growing gap between modern #scam tactics and outdated #fraud prevention systems.

Listen in: https://t.co/fgUQ19PKqr.

[SCAMNETIC @SCAMNETIC]

Financial institutions have spent years refining their methods for detecting suspicious transactions. But #PaymentFraud continues to escalate.

The disconnect comes from a fundamental misalignment between how #fraud is executed and how it is prevented. Our blog takes a closer look: https://t.co/4OH8YTJhsI