Showing results for 'APP fraud ' in Articles
43 Articles | 5 Magazines | 0 Research | 0 Whitepapers

APP Fraud in UK – new regulations confirmed

09 Jan 25 @ 17:58

In an unusual about-turn, the UK’s Payment Systems Regulator (PSR) issued a statement confirming the implementation date for the APP fraud (Authorised Push Payments) protections to come into effect, and... read more

UK regulator lowers APP fraud payout cap amid industry concerns

04 Sep 24 @ 09:39

The UK’s Payment Systems Regulator (PSR) is set to reduce the maximum compensation limit for APP fraud victims to £85,000, down from the originally proposed £415,000. This follows pressure from... read more

UK financial sector faces regulatory push over APP fraud rules

19 Aug 24 @ 13:18

Rachel Reeves, the UK Chancellor, is urging regulators to demonstrate how they are promoting the City’s competitiveness while safeguarding consumers. Reeves’ call comes as the Treasury raises concerns about a... read more

APP fraud is the most dangerous type of fraud

02 Jul 24 @ 16:12

Decision-makers from payments businesses across the UK have identified APP fraud (Authorised Push Payment) as the top threat to both their businesses and consumers. This is according to the first... read more

New regulation on APP fraud will come into play as planned

11 Jun 24 @ 13:33

Yesterday, industry body The Payments Association called on the incoming head of the Payments Systems Regulator (PSR) to delay activating new APP fraud regulations around reimbursements. The association highlighted the... read more

Meta platforms identified as lead originators of APP fraud scams

09 Feb 24 @ 13:46

Recently we discussed in a webinar with Visa the growing issue of APP fraud across Europe and the mandatory reimbursement of consumers that is soon to be implemented by regulators... read more

APP fraud losses expected to hit $6.8 billion by 2027

06 Dec 23 @ 11:18

APP fraud (Authorized Push Payment ) losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by... read more

UK Payment Systems Regulator releases APP Fraud report

31 Oct 23 @ 14:00

The UK’s Payment Systems Regulator (PSR) has published its first APP fraud and scams performance report. Authorised push payment (APP) fraud happens when a fraudster tricks someone into sending a... read more

Over half a billion pounds lost to APP fraud in 2023

25 Oct 23 @ 12:28

APP fraud (Authorised Push Payment) losses continued to be driven by the abuse of online platforms and telecommunications. Criminals commit investment scams advertised on search engines and social media, romance scams... read more

Growth in APP fraud expected to double by 2026

17 Nov 22 @ 14:02

APP fraud (Authorised Push Payment) losses are on the rise and expected to climb to $5.25 billion across the US, UK and India by 2026 — a record CAGR of 21%... read more

APP fraud hit £355.3 million – overtakes card fraud for the first time

09 Mar 22 @ 16:56

Which? A consumer rights and protection website has analysed new data and says that every hour, APP fraud (Authorised push payment fraud) victims lose more money than the average UK... read more

UK fraud figures make for grim reading – APP fraud scams hit new highs

23 Sep 21 @ 15:08

The latest fraud figures released by UK Finance show the scale of the fraud problem in payments is only growing, despite the efforts of the banking and finance industry. In... read more

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and raising fresh questions about whether current... read more

Meta fraud pressure grows as Payments Association calls for shared liability

31 Mar 26 @ 19:08

The Payments Association has escalated pressure on ministers and regulators to confront what it describes as a structural failure at the heart of the UK’s fraud regime: the platforms where... read more

PSR sets out 2026/27 agenda

29 Mar 26 @ 18:28

The Payments Systems Regulator sets out 2026/27 agenda with card fees, APP fraud and Open Banking in its sights. The UK’s payments industry faces another year of heavy regulatory intervention... read more

PSR fines Bank of Ireland £3.7m for Confirmation of Payee breach

20 Feb 26 @ 19:10

The UK’s payments watchdog has imposed a £3.78m penalty on Bank of Ireland UK after the lender failed to meet the regulatory deadline for implementing Confirmation of Payee (CoP), a... read more

Open Banking continues to outperform on fraud

28 Jan 26 @ 21:23

Open Banking has long been promoted as a safer, more controlled alternative to legacy payment rails. New evidence from Open Banking Limited’s latest financial crime update reinforces that claim —... read more

Real-time payments fraud: Myths and the path to wider adoption

12 Sep 25 @ 14:19

Real-time payments have long been heralded as the future of money movement in the US and many other global markets. With the RTP network from The Clearing House and the... read more

In a digital world, trust is everything – Here’s how to build it

04 Aug 25 @ 09:00

A new report from digital payments innovators Checkout.com reveals the trends shaping the future of payments – trends we cover in an earlier article. Checkout.com’s research has found that many markets world-wide are going... read more

Rethinking fraud: It’s time to share the burden

11 Jun 25 @ 12:55

As the epidemic of online fraud escalates, it is increasingly clear that the financial services sector alone cannot – and should not – be expected to shoulder the entire burden... read more

Trending

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Spain’s largest banks launch collaborative fraud platform

18 Jun 26 @ 19:36

Three of Spain’s largest banking groups have taken a significant step towards strengthening the fight against financial crime, launching a shared fraud intell... more