0 Comments7 Minutes
Uncovering the Threat of First-Party Fraud in Banking
First-party fraud is a significant threat to the banking sector. This subtle type of fraud poses a substantial risk to financial institutions, affecting their…
0 Comments9 Minutes
UK Finance Fraud Report Results: Banks Face a Perfect Storm of Change
The latest figures from the UK Finance Annual Fraud Report 2024 offer a glimpse into the state of the UK’s fraud and scam-fighting efforts. If there’s one key…
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Scam Liability Shifts: Global Banks Reach an Inflection Point
Who should pay for scam losses? How much should they pay? What types of scams are eligible for reimbursement? And what does an ideal scam liability framework…
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The War on Scams: Australian Banks and the Confirmation of Payee System
The Australian Banking Association (ABA) is making headlines with its decisive and robust offensive against scammers. This move signals a significant shift in…
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A Money Mule Detection Blueprint for Banks
The money mule threat has become a pressing concern for financial institutions worldwide. That’s why it’s time for the financial services industry to embrace a…
0 Comments12 Minutes
Understanding Generative AI in the Context of Economic Crime
When you think about the future of banking and finance, chances are AI is at the forefront of that vision. But as with all powerful tools, there’s a dual edge.…
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What APP Scam Reimbursement Requirements Mean for Banks
Changes to authorized push payments (APP) scam reimbursement policies are taking center stage in the banking industry. In the UK, a new policy promises to…
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PSD3 and PSR Changes: Everything Banks Need to Know
The PSD3 era is on the horizon. In June 2023, the European Commission outlined its proposed updates to PSD2, effectively ushering in the age of PSD3.…
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Unmasking Financial Scams: Questions from India FinTech Forum 2023
Feedzai’s Dan Holmes recently participated at the India FinTech Forum 2023 webinar with approximately 600 live attendees, Unmasking Financial Scams:…
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Catch Money Mules with Inbound Payment Monitoring
Stopping outbound payments that pose a high fraud risk is the cornerstone of most financial institutions’ fraud prevention strategy. However, as fraudsters'…