There's wisdom in the idea that faster payments means faster fraud. But the evidence wouldn't suggest that its opposite is even nearly true. Do slower payments slow down fraud? Maybe, but not by much. Consumer research we ran this autumn found that one in two UK adults have by now experienced some sort of payment scam or attempted scam. Despit...
30 December 2024
It’s been a busier year than usual for fraud teams at UK banks as they’ve grappled with significant regulatory change handed down on a tight deadline in an effort to stem the rising tide of payments fraud. Starting 7 October, every UK retail bank is required by the Payment Systems Regulator (PSR) to reimburse customers who lose money in proven inst...
14 October 2024 Fintech
Eugene DanilkisCo-Founder at Mambu
Rafal AndzejevskiCo-founder at PayAlly
Povilas RuzgailaCo-Founder at Gurupay
Nick HallCo-Founder at Stocknet Institute
Matiss AnsviesulisCo-founder at Esketit
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.