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Nico Barawid

Co-founder
Tunic Pay
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Followed by John Sims, Martha Boyle and 5 others you follow

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Co-founder
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Nico Barawid

There's only so much payments friction banking customers are prepared to take

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

Nico Barawid

Banks must get ahead of payment scammers, not clean up in their wake

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

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  • financial crime

Nico's opinion archive

  • 2024 (2)
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