Industry associations GSMA and UK Finance outlined the ability of an API-delivered platform to battle authorised push payment ...
Oasis fans have been urged to exercise caution after analysis revealed that some had lost £346 on average from ticket scams.
This expansion represents a 200% increase in coverage since the mandate was issued and is expected to further increase daily ...
Previously, it was up to banks if they refunded customers who had been scammed, but in a "world first", they must now repay "authorised push payment" fraud victims up to £85,000, said BBC News.
As billions of dollars continue to be lost worldwide to credit card fraud annually, the payments industry is using new tools ...
While many financial institutions have implemented robust prevention systems, less obvious vulnerabilities often remain ...
GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s mobile network operators and banks ...
Vodafone pilot shows 30% improvement in scam detection through new API system developed with GSMA and UK Finance ...
LSEG has launched significant tools targeting fraud prevention across global banking systems. Fraudulent activities, especially authorised push payment fraud, are surging, prompting LSEG to act.