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PSR’s Hemsley: ‘You need to get ready now’ for tougher stance...

Authorised Push Payment (APP) fraud is still one of the biggest threats to the UK’s financial ecosystem, but the payments industry remains firmly committed...

GFT UK report shows banking fraud more likely to target younger...

A new research by GFT UK has revealed that almost half of surveyed banking customers “either have or know someone who has been a...

Experian warns of fraud influx as criminals continue to target UK...

Financial management provider Experian has warned that UK identity fraud rates have grown by 22% in 2023 compared to the previous year. According to the...

FinCrime Dynamics strengthens anti-APP fraud attempts with new hire

AI Financial crime firm FinCrime Dynamics has announced the appointment of Joanne Dewar to its board to bolster its mission to stamp out the...

Digesting the Digits – UK’s festive season under economic strains 

Number crunching is a key component of the payment industry, with digits scattered across the sector’s key stories.  Each week, Payment Expert digests these digits...

LSB highlights ‘urgent need’ to focus on APP fraud after FCA...

The Financial Conduct Authority (FCA) this week revealed that over 116,000 people in the UK have fallen victim to APP fraud and scams in...

Barclays spared liability in APP fraud court case 

The UK Supreme Court has ruled in favour of Barclays after a customer sued the high street bank for insufficient APP anti-fraud measures.  Fiona Philipp...

Payments Association: UK’s new APP fraud approach could deter investors

In a letter addressed to the UK government, the Payments Association has raised some concerns around the introduction of new APP fraud policies.  Authorised Push...

ACI Worldwide and GlobalData warn of double APP fraud rates  

A new report by ACI Worldwide and market intelligence firm GlobalData has revealed an increase in Authorised Push Payment (APP) fraud in the US,...

David-Jan Janse: Rise of APP scams underlines ‘epidemic of fraud’

The rise in Authorised Push Payments (APP) has been accelerating within the UK, with SurePay’s Co-Founder and CEO David-Jan Janse stating that the ‘epidemic...

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