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Expert Analysis

2 UK Rulings Highlight Persistent Push Payment Fraud Issues

By Caroline Greenwell, Bella Henry and Simon Heatley ( August 28, 2024, 3:14 PM BST) -- Authorized push payment, or APP, fraud continues to cause significant headaches for consumers and financial institutions alike. In 2023, data published by the payments system regulator revealed that APP fraud amounted to a loss of £341 million ($442 million) in the U.K....

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