Articles with tag like: APP fraud

Found 8 results in 414 milliseconds.

Triodos Bank UK selects SurePay's Confirmation of Payee solution to prevent fraud

News | Digital Identity, Security & Online Fraud | 13 Aug 2021

SurePay, a Confirmation of Payee provider, has announced that Triodos Bank UK will implement its full-service Confirmation of Payee solution.

partnership, APP fraud, fraud prevention, banks, PSP

Revolut rolls out Confirmation of Payee in the UK

News | Digital Identity, Security & Online Fraud | 12 Jan 2021

Revolut has announced the launch of Confirmation of Payee for its more than three million UK-based retail customers, according to the official press release.

Revolut, UK, Confirmation of Payee, Pay.UK, retail customers, anti-fraud, payments, bank, PSP, payer, APP fraud, Modulr

Bottomline rolls out Confirmation of Payee to stop payment fraud and error

News | Digital Identity, Security & Online Fraud | 04 Sep 2020

Bottomline, a provider of financial technology, has launched cloud-based Confirmation of Payee (CoP) service for UK based banks.

Bottomline, fraud prevention, APP fraud, B2B, invoices, cloud, Confirmation of Payee, CoP, banks, payments, UK

Modulr launches Confirmation of Payee to help fight fraud

News | Digital Identity, Security & Online Fraud | 02 Sep 2020

UK-based fintech Modulr has launched Confirmation of Payee, a fraud prevention initiative spearheaded by Pay.UK.

Modulr, fintech, fraud prevention, Confirmation of Payee, APP fraud, authorised push payment fraud, RBS Alternative Remedies, United Kingdom, UK

UK finance authorities extend deadline for funding APP fraud compensation

News | Digital Identity, Security & Online Fraud | 28 Nov 2019

Interim funding arrangements for a scheme, which reimburses people who are tricked into transferring money directly to a fraudster, will be extended until the end of March 2020.

APP fraud, bank transfers, fraud prevention, UK, banking, money transfer

TSB partners Vocalink to protect customers from Authorised Push Payment fraud

News | Digital Identity, Security & Online Fraud | 27 Sep 2019

TSB has announced that it will deliver Confirmation of Payee for its customers via Vocalink, to prevent digital customers sending money to the wrong bank account.

TSB, VocaLink, APP fraud, banking, AML

Complaints over banking fraud surged by over 40 percent in UK

News | Digital Identity, Security & Online Fraud | 17 May 2019

Official figures have showed UK consumers` complaints over banking fraud have surged by over 40% to hit an all-time high in the 2018-19, driven by online scams.

banking fraud, authorized push payment fraud, APP fraud, study, report

GBP 236 mln lost through authorised push payment frauds

News | Digital Identity, Security & Online Fraud | 26 Mar 2018

The trade body UK Finance has revealed that businesses and consumers lost GBP 236 million in 2017 through authorised push payment (APP) frauds.

APP fraud, report, UK Finance, banking fraud, payment card fraud