The Payments Association’s Cross-Border working group, with the support of Benefactor Payall, has launched its latest report: ‘The impact of APP fraud on cross-border payments’.
The whitepaper presents the challenges of APP fraud globally, and highlights how we can tackle the vulnerabilities within the cross-border payments ecosystem that fraudsters are currently exploiting.
What to expect in this report:
- Insight into the rising threat of cross-border APP fraud: Discover how the rapid growth of cross-border payments has created new vulnerabilities, exploited by fraudsters leveraging regulatory gaps and real-time payment systems.
- Key challenges uncovered: Explore the pressing obstacles in preventing cross-border APP fraud, including:
- Speed of transactions
- Fragmented regulations
- Data sharing limitations
- The role of cryptocurrency in facilitating financial crime
- Innovative solutions & best practices: Learn how advanced technologies like AI, machine learning, and tokenization are shaping the future of fraud detection and security for cross-border transactions.
- Case study on Australia’s ecosystem approach: Gain insight into how Australia’s collaborative model could serve as a blueprint for other countries, highlighting the benefits of coordinated action across industries and government.
Don’t miss this essential research and key insights from experts across the payments industry.
