The Payments Association’s Cross-Border working group, with the support of Benefactor Payall, will be launching its latest report: ‘The impact of APP fraud on cross-border payments’.
The whitepaper will present how APP (Authorised Push Payment) fraud and the consequential regulations introduced in the UK are having unintended consequences for payment firms right across the cross border payments ecosystem.
Our report will aim to:
- Define APP fraud, including establishing the scale of the problem, which channels are usually targeted and identifying key demographics for victims.
- Explore the new APP Fraud reimbursement rules in the UK and the challenges they present cross border payments businesses
- Highlight fraud an reimbursement scenarios in cross-border payments, distinguishing between the different rules and responsibilities for banks, EMIs, and money transmitters, including potential liability shifts.
- Showcase how other markets and regulators around the world are approaching APP fraud
- Highlight how firms can navigate new markets and jurisdictions.
Don’t miss this essential research and key insights from experts across the payments industry.
This whitepaper will also be discussed in a webinar on the same topic on 14 November.