Balancing act: Consumer demands vs. new fraud threats
Authorized push payment (APP) fraud increasingly exploits emotional vulnerabilities, eroding the trust between consumers and banks. Many victims remain silent due to stigma, suggesting the issue is more widespread than reported. Financial institutions must act quickly to protect customers and restore confidence.
Scammers use advanced technologies like AI to enhance their tactics, particularly in real-time payment systems. With predictions of significant increases in APP fraud values, banks need to adopt more effective prevention strategies. A coordinated approach emphasizing collective intelligence is essential to improving real-time fraud detection.
Download the report for insights into key markets, including the U.S., U.K., Australia, Brazil, India, and the UAE, to help build a secure global payments ecosystem where consumers can confidently transact.
Act now to get ahead of APP scams
Gain local examples and uses cases from the U.S., U.K., India, Brazil, Australia, and the UAE to help build a secure payments environment in which consumers can confidently transact.