Tag: Authorised Push Payment (APP)
Pockit CEO: Why payments fraud requires a holistic solution
Despite 2024 being the start of a new year, the threat of payment fraud continues to only only survive but thrive, harming consumers and...
Santander UK calls for ‘radical actions’ against APP fraud
In its latest market research on evolving fraud strategies, financial service provider Santander UK has called for immediate nationwide countermeasures against bad actors.
The paper...
UK Finance reveals rise of 39% of APP fraud in 2021
Losses in stolen money due to Authorised Push Payments (APP) is up 39% from last year, according to the latest figures released by UK...
LHV UK launches Confirmation of Payee to help tackle APP fraud
LHV UK, a banking service provider, has announced that its Confirmation of Payee (CoP) service is now live for all its direct clients.
Launched in...
