APP Fraud Reimbursement Explained: Key Updates & What It Means for Victims
Authorised Push Payment (APP) fraud is the most common type of financial scam in the UK. In 2023, there were 252,626 reported cases of APP fraud in the UK, resulting in over £341 million of losses. At a 12% rise year-on-year, new rules have been implemented by the Payment Systems Regulator (PSR) as of 7th October 2024 in order to…
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APP Fraud Reimbursement Explained: Key Updates & What It Means for Victims
Authorised Push Payment (APP) fraud is the most common type of financial scam in the UK. In 2023, there were 252,626 reported cases of APP fraud in the UK, resulting in over £341 million of losses. At a 12% rise year-on-year, new rules have been implemented by the Payment Systems…
ABC’s head of AI research outlined the 7 areas the bank is looking to apply the tech
Credit Bank, which offers loans to people without credit score, has raised $15M
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