Account Takeovers Authorization Irrevocable Payment 
FICO
MARCH 26, 2018
As real-time payments can be for large sums (in the UK up to £250,000) this can be life-changing for victims. It is easy to lay liability for this at the feet of the victims, who after all have authorized the payment, arguably without making adequate checks.
FICO
JUNE 26, 2018
In the UK £250K can now be sent in a single, irrevocable payment – and the system has been tested for up to an eyewatering £10 million. This raises the prospect of increased real-time payments fraud against businesses. Taking a Holistic Approach to Real-Time Payments Fraud. Who Is Liable?
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