Authorized Push Payment Fraud news and trends

71% of Financial Institutions Turn to AI to Fight Faster Payments Fraud
Fraud Prevention // December 03, 2024

As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the past year, highlighting the need for rapid transactions. Get the Full Story Complete the form to unlock this article and...

UK’s Revolut Facing Wave of Complaints Over APP Fraud Claims
Security & Fraud // December 02, 2024

Revolut is reportedly facing a lawsuit tied into a wave of anti-fraud complaints. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

British Banks Split on Charging Fraud Reimbursement Fees
Banking // September 30, 2024

British lenders are reportedly divided over whether to charge scam victims under new fraud reimbursement rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Mastercard Taps AI to Tackle UK APP Fraud Epidemic
Fraud Prevention // September 24, 2024

Mastercard has introduced what it says are new protections against real-time payment scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Interviews & Exclusives
71% of Financial Institutions Turn to AI to Fight Faster Payments Fraud

December 03, 2024
As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the past year, highlighting the need for rapid transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

Payments Authentication Success Leans on Consistent User Experiences

May 24, 2024
Today’s rapidly evolving payments and financial landscape brings with it both challenges and opportunities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Is the UK Brexiting From Instant Payments?

March 21, 2024
It’s often said that history repeats itself. It’s hard to look at the current state of play regarding instant, or real-time, payments in the EU and U.K. right now and...

State of the Payment Scam: Banks Battling APP Fraud

March 13, 2024
The world’s cybercriminals all share one thing in common: they understand people can be exploited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Quick Reads
UK Fraud Reimbursement Platform Sees Slow Adoption by Financial Institutions

February 25, 2025
Banks and payment companies have been slow to adopt a new platform in the U.K. that is meant to streamline the reimbursement of consumers who have fallen victim to online fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]

UK’s Revolut Facing Wave of Complaints Over APP Fraud Claims

December 02, 2024
Revolut is reportedly facing a lawsuit tied into a wave of anti-fraud complaints. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

British Banks Split on Charging Fraud Reimbursement Fees

September 30, 2024
British lenders are reportedly divided over whether to charge scam victims under new fraud reimbursement rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Mastercard Taps AI to Tackle UK APP Fraud Epidemic

September 24, 2024
Mastercard has introduced what it says are new protections against real-time payment scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...