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Payment systems operator Pay.UK has announced that its fraud detection and prevention pilot has a 40% increase in detection, potentially saving GBP 112 million yearly.
fraud detection, fraud prevention, PSP, false positive
Iliad Solutions has launched its T3 test and certification platform for New Payments Architecture (NPA), strengthening Pay.UK’s Self Validation Testing.
product launch, certification, payments infrastructure, digitalisation, Confirmation of Payee
Pay.UK, Visa, Synectics Solutions, and Featurespace have announced a partnership to fight fraud in UK payments using data analysis and predictive intelligence.
fraud prevention, fraud platform, artificial intelligence, data analytics