Key Points U.S. and Canadian banks reported a ten-fold surge in digital scams this year as criminals flock to techniques that rely on duping customers into sending them money, according to cybersecurity firm BioCatch.
Hugh Son is a Banking Reporter at CNBC. He has extensively covered the intersection of finance and technology, focusing on major banking institutions like JPMorgan and Goldman Sachs, as well as FinTech developments. His work has been featured in outlets such as The West Australian, Kalgoorlie Miner, and NBC News.