FStech - PSR (Payment Systems Regulator) Responds to Increasing APP Fraud with Mandatory Reimbursement Proposal for Fraud Victims

PSR (Payment Systems Regulator) Responds to Increasing APP Fraud with Mandatory Reimbursement Proposal for Fraud Victims

Authorised push payments (APP) fraud represents the most significant fraud threat in Britain and accounted for more than half the £1.3 billion in losses due to scams in 2021. The pandemic-prompted shift to online platforms is one of the main contributors to the surge in APP fraud. With a range of tactics that include investment scams, romance scams, malicious ads on social media, and purchase scams, APP fraud continues to inflict devastating consequences.

Details:

First Name

Last Name

Company Name:

Email:

Country:

Phone Number:

Job Title:

Data Use:

By ticking this box you are agreeing to provide FStech (and its publisher PPL) with your contact details. These details may be used by the publisher to distribute email news, provide information and updates. This information will not be provided to third parties (excepting the sponsor of this particular blog, NICE Actimize). Please note that all data is stored on EU-based storage systems, and that all PPL electronic communications have an unsubscribe function. In addition by checking this box, I confirm that I would like to receive communications and information regarding products, services and events from NICE Actimize I understand that I may withdraw my consent at any time.

We use cookies to ensure you get the best experience on our website. Learn More