As technology pushes forward, so do the tactics of those who commit payment fraud. Here’s a look at how secure…
Browsing: fraud prevention
Harnessing the power of digital identification can potentially save the UK economy £600m annually in financial crime.The Centre for Finance,…
Revolut is taking significant steps to combat payment fraud by potentially refusing or delaying certain transactions.The new measures follow Revolut’s…
O2 has launched an AI-driven initiative to tackle fraudsters by engaging them in conversations.The AI ‘Granny,’ named ‘Daisy,’ is designed…
Metro Bank has been fined £16m by the Financial Conduct Authority (FCA).The fine is due to inadequate monitoring of over…
Revolut is gearing up for significant growth with a strategic hire in mergers and acquisitions.Despite challenging economic conditions, Revolut remains…
A stark warning emerges from recent research showing rising concern over fraud among large UK businesses.A significant 58% of key…
In a concerning turn of events, the Payments System Regulator (PSR) has reduced the reimbursement limit for Authorised Push Payment…
Revolut has criticised Meta’s efforts to combat fraud, urging social media companies to share responsibility for victim reimbursement.Revolut believes financial…
UK banks collaborate with Meta to enhance fraud prevention efforts.The Fraud Intelligence Reciprocal Exchange (FIRE) expands after a successful pilot…