Tag: APP fraud

The speed of modern finance has transformed convenience for consumers, but it has also reshaped the fraud landscape. Instant bank transfers and crypto transactions...

The fight against financial crime is entering a new phase, shaped by rising fraud threats, accelerating AI adoption and a growing political focus on...

Hawk has introduced its Day One Defense Models, a new AI-powered fraud prevention solution designed to give financial institutions both speed and accuracy. According...

A fraud investigator’s workday often begins with urgency. A suspicious transaction alert can mean a customer has already fallen victim to a scam, with...

Payment fraud continues to rise in 2025, with platforms like Cash App under scrutiny after its parent company, Block, agreed to pay up to...

Resistant AI, a provider of AI-powered document fraud detection and transaction monitoring software, has secured a strategic investment from Experian, a global leader in...

When financial institutions work together, the results can be transformative. That was the clear takeaway from The Great Fraud Showdown, a webinar co-hosted by...

Britain recorded a sharp increase in financial fraud cases in 2024, with a record 3.31 million incidents reported, a 12% rise from the previous...

A big challenge currently in the financial industry is the rise of authorised push payment fraud (APP). The Payment Systems Regulator (PSR) recently introduced new legislation on 7 October to combat this. How will this legislation impact fraud in authorised push payments?

PSR has announced a new reimbursement cap for victims of Authorised Push Payment (APP) scams, setting the maximum limit at £85,000.