JPMorgan Chase hires a behavioral scientist to help them confront consumer fraud
It was noted in this financial consumer vulnerability blog in 2025 as part of the International Fraud Awareness Week that JPMorgan Chase was embarking on a bold and ambitious fraud prevention initiative which includes adopting a Trusted Contact Person program. It has already been implemented in Canada for Canadian Investment Regulatory Organization (CIRO) members and […]
Consumer fraud is not just an external issue: it can be from inside the organization
In light of what happened on a grand scale over a long period of time without DOJ intervention until 2024 with TD Bank in the US, insider fraud can be part and parcel of outside attacks on consumers and the financial institutions involved if no proper surveillance or even effort is made to monitor suspicious […]