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Tag: APP Fraud

Future of Payment Review – six-months on – APP Fraud

Joe Garner’s Future of Payment review published in 2023 on behalf of the UK Government reflected the complexity of the current instant payment UK...

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The next wave of innovation: European fintech predictions for 2024 | EU-Startups

Look into the fintech crystal ball and explore our predictions on upcoming trends set to redefine European fintech in 2024.The entire startup ecosystem, particularly...

Corporate Payments in 2024: APP fraud, ISO 20022-readiness and generative AI

The start of a new year is a natural time to consider what lies ahead. Here, we look at four key themes in corporate...

PSR enforces “step-change” in reimbursement rules for APP fraud victims

The UK's Payment Systems Regulator has confirmed plans...

UK should tap open banking to take on card schemes – govt-commissioned review

The UK should use open banking to provide...

How To Create A Mobile Banking App in 3 Months?

Gone are the days when customers had to make a physical trip to the bank and stick to their business hours just to handle...

Bank push payment scams now 40% of UK fraud

Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s Payment Systems...

Fintech Nexus Newsletter (October 31, 2023): When it comes to APP fraud (some) banks pay the price

Authorized push payment fraud has risen across the global financial sector. For consumers, this can be a devastating blow, wiping out savings and knocking the...

Rising Threats: The Global Impact of Push Payment Fraud

Oct 27, 2023 Photo by Sora Shimazaki from PexelsIn this article we’ll discuss, what Push Payment Fraud is and whether it’s a real threat...

Using Cloud Technology to Support the Real-Time Revolution

On September 20, ACI Worldwide announced a development in their multi-year partnership with Microsoft. Using Microsoft’s Azure environment, ACI has launched its Real-Time Payment...

Read it right! How to spot scams on Reddit

As the world’s 18th most visited website and 7th most frequented social network, it’s no surprise that Reddit also holds great allure for cybercriminals. Besides...

Tackling financial fraud: How threats are changing throughout the global downturn (Sam Compton)

Right now, households in the UK are facing some of the most challenging economic conditions in decades.  Although economic forecasts have shown a touch of...

Why clamping down on APP fraud is a delicate balancing act for the PSR (Robert Sullivan)

On 25 November 2022, the Payment Systems Regulator (PSR) closed its consultation on new proposals to help address Authorised Push Payment (APP) scams.  Before it...

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