APP Fraud Two Years On: From Reimbursement to Prevention
Mandatory reimbursement has improved consumer protection and appears to have reduced APP fraud. How to identify and stop more scams before the money moves.
By: Irina Velkova
27 Jun 2023 47 min listen
The next Consumer Duty deadline comes into force in July this year. Introducing new arrangements, enhancing existing governance, making fair value assessments, monitoring processes, and ensuring they can demonstrate compliance by the deadline has been an intensive and challenging journey for many firms.
In this episode, Irina Velkova welcomes Joseph Twigg, CEO at Aveni, and Simon Murphy, Sales and Marketing Director at Vizolution, to our Risk and Regulation Unravelled podcast to discuss the major role that regtech firms play in supporting implementation of the Duty, and the value of technical solutions.
Mandatory reimbursement has improved consumer protection and appears to have reduced APP fraud. How to identify and stop more scams before the money moves.
BNPL's rapid global growth has been funded in part by private credit. But both sectors face mounting scrutiny. A look at pressures on providers and their funders and a snapshot of global BNPL markets.
Stay up to date with our latest round up of financial regulation.