Posts Tagged ‘scams’
Payments Canada study reveals impact of payment fraud on Canadians
The research identified the top three most common types of payment fraud in Canada.
Read MoreAmount stolen through fraud falls in 2023 as banks’ prevention efforts pay off
Ben Donaldson, managing director of economic crime at UK Finance, revealed “concerns” about the new reimbursement rules coming in later this year.
Read MoreRevealed: The tools and strategies needed in the fight against fraud
A new report by Open Banking Expo and Bottomline delves into the growing threat posed by APP fraud and the most effective prevention strategies for the industry to adopt.
Read MoreVolt introduces one-click PayTo payment solution in Australia
Since expanding to Australia last year, Volt has been “focused on finding new ways to add value to this dynamic market”.
Read MoreConsumer group Which? urges next UK government to rollout Smart Data
Which? has set out suggested reforms for the next government in its election manifesto, ‘A Consumer Agenda for Government’.
Read MoreForm3 unveils new APP fraud prevention solution with Feedzai
Form3’s new ‘APP Fraud Solution’, which is powered by Feedzai’s fraud and financial crime analytics, will be rolled out in the UK.
Read MoreFeedzai calls for collaboration as US loses $159bn to scams
The 2023 State of Scams report revealed nearly one quarter of Americans fell victim to a scam in the past year.
Read MoreRevolut introduces AI-powered card scam detection feature
Revolut’s new AI scam feature effectively “interrupts” scammers and prevents customers from falling victim to such schemes.
Read MorePSR’s new APP fraud reimbursement requirement puts UK ‘at the forefront’
The industry will have to comply with the Payment Systems Regulator’s new Authorised Push Payment fraud reimbursement requirement from 7 October 2024.
Read MoreInsight: What is Confirmation of Payee and how can it stop APP fraud?
Dima Kats, chief executive officer of Clear Junction, writes about the need to tackle APP fraud and why Confirmation of Payee is the answer.
Read More