Tag: UK Finance
Salv links with Veriff to strengthen collective financial security efforts
Financial crime mitigator firm Salv has partnered with ID verification provider Veriff in a bid to bring ‘unparalleled’ security to their customers.
Through the collaboration,...
Newly launched UK Forum for Digital Currencies looks to be key...
Five associations have united for the formation of a new alliance – the UK Forum for Digital Currencies (UK FDC) – which looks to...
Fraud victim checklist welcomed by UK’s anti-fraud Taskforce
Security Minister Tom Tugendhat welcomed the banking industry’s victim checklist recommendation at the latest Joint Fraud Taskforce session.
The Joint Fraud Taskforce was relaunched back...
Amazon and UK Finance unite for International Fraud Awareness Week
As International Fraud Awareness Week commences, UK Finance’s Take Five to Stop Fraud campaign and Amazon have launched the ‘Can you spot fraud?’ quiz,...
Trustly: “We are on the doorstep of an Open Banking revolution”
Card transactions continue to withstand a turbulent period in spite of continuing declines in consumer spending.
The latest data from UK Finance detailed that whilst...
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...
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...
Barclays: Retailers lose £4.3m in online sales daily due to SCA...
Since March, SCA compliance failures have led to a total of £130m losses worth of sales for retailers and businesses supporting online product purchasing.
Research: UK payments sector ready for post-Brexit improvements
The UK’s departure from the European Union provides the industry with 'an opportunity to think afresh about regulation and supervision’, according to the UK...
UK Finance supportive but concerned over new FCA Consumer Duty
Financial lobby group UK Finance has highlighted several points in the upcoming FCA Consumer Duty changes that the industry body thinks are not fully...
