push payments fraud

Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
Neobanks Challenged by Rising Tide of Push Payments Fraud and Third-Party Scams
October 31, 2023  |  Fraud Prevention

They have different business models — but often compete for the same customers. And for banks and neobanks, there may be one commonality: The challenge...

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UK Regulator: Banks Have Five Days to Reimburse Push Payments Fraud Victims
UK Regulator: Banks Have Five Days to Reimburse Push Payments Fraud Victims
June 07, 2023  |  Regulation

Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. That’s according to Great Britain’s Payment Systems Regulator (PSR) which on Wednesday (June...

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Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
February 14, 2023  |  Security & Fraud

The U.K. has been experiencing a widespread payments fraud epidemic in recent years. Authorized push payment (APP) fraud, for example, increased 40% between 2020 and...

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