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Tag: fraud


Invest tech, RegTech

Mastercard Backs PXP Financial Efforts to Protect Cardholders as Fraud Levels Rise

April 10, 2024

Via: The Fintech Times

Accreditation was supported by the Mastercard Digital Enablement Service (MDES), a single integrated platform enabling the digitation of supported Mastercard card types. MDES provides PXP Financial with a Secure Card on File tokenisation programme, a better user experience and higher […]


Banking Tech, Mobile Banking

First-Party Fraud Growing Threat: Visa Reveals Over 9 in 10 Businesses Are Impacted

August 11, 2023

Via: The Fintech Times

First-party fraud can appear in a variety of different ways. In the financial sphere, it can look like someone applying for a loan, knowing they won’t pay it back or filing a false chargeback claim. However, it is not limited […]


Paytech, Retail

SurePay selected by Railsr as confirmation of payee vendor

October 11, 2022

Via: FinTech Futures

Embedded finance solutions provider Railsr has selected SurePay as its UK Faster Payments (UKFP) confirmation of payee (CoP) vendor. The authorised push payment (APP) fraud is sharply on the rise in the UK, according to UK Finance – from £420.7 […]


Invest tech, RegTech

Payment Systems Regulator New Proposal Gives APP Fraud Victims a Chance at Recovering Funds

October 7, 2022

Via: The Fintech Times

Salv commends the move by the PSR, which is expected to incentivise banks to focus more on protecting consumers against fraud. The regtech knows that it is possible to establish proper control mechanisms against APP fraud: the company’s proprietary collaborative […]


Invest tech, RegTech

Apple Shielded From Crypto Wallet App Lawsuit, Judge Rules

September 7, 2022

Via: Bitcoin.com

Apple Not Liable for Loss After Customer Downloaded Fake Crypto App Judge Phyllis J. Hamilton of the U.S. District Court for the Northern District of California has ruled that Apple Inc. is not liable in a class action lawsuit where […]