Tag: APP fraud

As cross-border payments fuel an increasingly globalized economy, concerns about fraud in these transactions have also grown. Although cross-border payments ...

UK fintech Revolut was named in more fraud complaints than any of its peers last year, raising concerns about the ...

The UK has introduced new regulations requiring banks and other payment firms to reimburse victims of authorized push payment (APP) ...

Meta is enhancing its Fraud Intelligence Reciprocal Exchange (FIRE) to directly share data with two UK banks in an effort ...

Authorized Push Payment (APP) fraud has been notoriously difficult to fight against because it involves consumers voluntarily transferring assets to ...

UK banks will now have additional time to reach out to customers or local authorities if they suspect a customer ...

Faster payments have plenty of benefits for businesses and consumers, but the technology has also opened the door to a ...

The Financial Conduct Authority (FCA), the UK’s financial regulatory body, recently shed light on both the strengths and weaknesses of ...

In a move aimed at combating the rising tide of authorized push payment (APP) fraud, Britain's Payment Systems Regulator (PSR) ...