Instant Payments Mean Real-Time Payments Fraud
FICO
JUNE 26, 2018
Real-time payments schemes are not new – indeed Japan has had a scheme since 1973, Switzerland was the first European scheme in 1987, and the UK’s Faster Payment scheme was launched in 2008 and is currently processing payments of around £140 billion per month. Real-Time Payments Equal Real-Time Crime.
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