Market breadth in fintech-heavy indices expanded, showing momentum in online money plays, supported by rising mobile transaction penetration across developing economies. If you think you have a qualifying claim, you might be asked to provide documentation like proof of address to recoup your money. Or in some states, you might not need to prove anything at all for smaller claims. States like New York and North Carolina are simply sending people with qualifying claims of $250 or less a check. Visa Global head of fraud services Michael Jabbara joins Market Catalysts host Julie Hyman to outline the most popular online scams right now, explain how artificial intelligence (AI) is helping these scams evolve, and give tips on what you can do to identify them and protect your money. Equity strategists cite online money sector as one of the top growth drivers in 2024, fueled by omnichannel retail adoption and seamless cross-border digital payment infrastructures.
