The Saudi Banks Media and Awareness Committee has launched an awareness campaign tackling the latest fraud methods. The initiative, "Not normal", aims to expose new methods of financial fraud that exploit technological and social advances. The initiative focuses on the most common fraud methods, which include impersonating a bank employee, defrauding through anonymous calls and exploiting people by demanding their banking or personal information, and defrauding customers through fake online stores and phishing.
RIYADH: Educational, informational, and awareness campaigns are set to increase the financial literacy of Saudis after the Communication and Financial Knowledge Center - also known as Mutamam – reached an agreement with the Saudi Banks Media and Awareness Committee. A memorandum of understanding between the two organizations was signed during the Financial Sector Conference