In this video interview, Benjamin David, head of intelligence at The Payments Association, talks with Dal Sahota, global director – trusted payments, London Stock Exchange Group, to explore the fast-growing threat of Authorised Push Payment (APP) fraud and its impact on businesses, consumers, and the payments industry. They also explore why APP fraud is escalating, how criminals are exploiting cross-border instant payments, and the increasingly dangerous role of AI. They also discuss the regulatory fightback and how technologies, such as real-time bank account verification, are helping financial institutions and corporates protect their customers and themselves.
For more on APP Fraud, download LSEG’s recent white paper “Defeating APP Fraud: How to Ensure Going Global Brings Rewards, Not Risks“
