Join Finextra & ACI Worldwide as industry experts discuss how ethical AI can be used to improve fraud scoring.
Against the backdrop of the Eurozone preparing rules to make SEPA-instant a mandatory part of the EU payments infrastructure, there has been an increased interest in cloud-based payments-as-a-service solutions for transactions between banks and clearing houses.
From neo-banks offering new product lines and increasing customer stickiness, to lenders reducing fraud and customer complaints, businesses across the financial services sector and beyond are harnessing the power of embedded payments.
While headway has been made in the fight to protect consumers against APP (Authorised Push Payment) fraud, the UK’s Payment Systems Regulator is pursuing plans to make reimbursement mandatory for victims of such scams.