Riskskill

In 2023, we talked about the Payment Systems Regulator (PSR) first report on those organisations that send and receive APP-fraud transactions. The July 2024 report on 2023 data from the PSR, shows some progress, but also shows that more must be done.

Let's focus on the 'big stuff' here, and put-to-one-side the shocks from the media, such as: 'treat your colleagues with dignity', question prosecution evidence, challenge assumptions of guilt, overturn unjust legal decisions, compensation for victims,...

APP-Fraud – Time to STOP the Banks That Enable Criminals The UK Payment Systems Regulator (PSR) has just reported on 2022 APP-fraud scams.

The UK leads in consumer authentication: says figures from Arcot. But can more be done.

MNTS explained in its article on Saint Valentine's Day that Data Entry Errors are a major contributor to decline rates.

UK HM Treasury has issued a consultation in regulation of the growing 'buy now pay later' (BNPL) sector.

Ex-Wirecard CEO Braun Denies Charges in Fraud Scandal Trial connected to the collapse of the German payments giant.

UK Finance, the trade body for the banks and finance industry, reported that criminals during the first half of 2021 stole £129.4 million from us through 'impersonation fraud' - i.e.

After 60 years of service, the magnetic stripe will leave the card payments world, albeit withering away in parts of the world for 12 more years.

The grip is tightening on executives who are engaged in money laundering - especially those that don't take action to prevent it.