Posts Tagged ‘fraud prevention’
Aro launches new service for enhanced fraud and affordability checks
The embedded finance partner is working in partnership to roll out its new service, Aro Precision.
Read MorePSR considers lower APP fraud reimbursement cap of £85,000
The new cap, if confirmed, will still see more than 99% of claims, by volume, covered.
Read MoreAustralia’s Adatree launches ‘CDR Insights’ to combat fraud
Australians lost more than $2.7 billion to financial scams in 2023.
Read MoreDesign of Australia’s Confirmation of Payee service reaches completion
Australian Payments Plus and the Australian Banking Association said FIs will be able to integrate the service into their banking channels from early 2025.
Read MoreUS Financial Services Committee members request changes to Open Banking rule
The members have written to the CFPB with some suggested revisions to secondary data use restrictions in the proposed Personal Financial Data Rights rule.
Read MorePSR reveals increase in APP fraud reimbursement in 2023
The Payment Systems Regulator found that reimbursement largely depends on which bank victims are a customer of.
Read MoreOpen Banking Expo UK & Europe unveils new Rise, created by Barclays Zone
The new exclusive zone will provide a showcase for emerging fintechs.
Read MoreLabour introduces Smart Data Bill in King’s Speech
The government has promised that the Digital Information and Smart Data Bill will “harness the power of data for economic growth”.
Read MoreOpen Banking Expo UK and Europe expands for 2024
This year, Open Banking Expo introduces two co-located shows and expands its exhibition hall.
Read MoreThe Payments Association: Scale of APP fraud ‘most worrying’
The Payments Association has published the findings of its financial crime survey and called for changes to the PSR’s APP fraud reimbursement scheme.
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