Payments players mull new approaches to fraud [Yahoo! Finance]
Marsh & McLennan Companies, Inc. (MMC)
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am
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Source: Yahoo! Finance
Companies in the payments sphere, whether banks, tech titans or networks, are seeking and implementing new methods to combat push-payment fraud scams robbing consumers and corporate customers. They're advocating increased sharing of data, more action from law enforcement and a better way to track identities in the digital world, among other ideas to better battle scammers tricking victims into sending payments. These are scams in which a company or a consumer are duped into sending, or pushing, a payment to criminals posing online as someone — such as a company representative or law enforcement official — they are not. In 2023, payments fraud losses in the Americas were tabulated at $102.6 billion, according to a report last year from the research firms Oliver Wyman and Celent. Push-payment scams have become “increasingly prevalent,” the report said. Such losses are not only suffered by consumers, they're also absorbed by the companies that guarantee payment safety. Executive
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MMC
Earnings
- 10/16/25 - Beat
MMC
Sec Filings
- 12/2/25 - Form 4
- 12/1/25 - Form 144
- 11/18/25 - Form 4
- MMC's page on the SEC website