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Financial Crime 360 state of the industry report 2025

The Payments Association

The sample reflects the reality of modern financial crime prevention: 66% of respondents operate from the United Kingdom, establishing a strong domestic foundation whilst incorporating international perspectives from 32 additional countries.

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Fraudsters Turn to WhatsApp: Revolut Reveals UK Consumers Lose £2,437 From WhatsApp Scams

The Fintech Times

Revolut today released its third Consumer Security and Financial Crime Report , revealing the rapidly evolving tactics of fraudsters across its markets. The report highlights that Meta platforms remain the biggest source of all scams globally (58 per cent) in 2024.

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Navigating AML obligations in the age of virtual IBANs

The Payments Association

Andrew Doukanaris Ambassador, The Payments Association While vIBANs have positive use cases, challenges exist in limited monitoring of the end user, alignment with the PSPs risk appetite, and the lack of a consistent framework to mitigate financial crime and regulatory risks.

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Payments regulation roadmap: Q3 2025​

The Payments Association

Pilot innovative authentication methods – such as biometric or tokenised transaction models – within risk-based guardrails, with a focus on fraud performance and user experience metrics. Respond to ECB consultation on user experience, dispute handling, and transaction limits to influence final FPS standards.

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Will Real-Time Payments Increase Financial Crime in the USA?

FICO

For many consumers and businesses, the ability to quickly send money directly from their bank account is a win in terms of convenience, but it isn’t without risk, when it comes to fraud and other types of financial crime. How RealTime Payments Impact Financial Crime. Tackling Fraud in Real Time Payments.

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APAC’s Digital Banking Growth Sparks a Surge in Fraud Cases

Fintech News

Respondents also said they had adjusted their transaction limits to reduce the impact of fraud losses (53%), enhanced security on their banking apps (40%), undertaken security audits of their mobile banking infrastructure (32%), and partnered with network operators or device makers to enhance security (26%).

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Examining the PSR’s APP fraud reimbursement cap change

The Payments Association

While some argue that the reduced cap will alleviate the financial strain on smaller PSPs, others, such as fraud prevention experts, feel it weakens the push for stronger fraud detection systems within the industry. Thistle Initiatives’ Head of Financial Crime, Jessica Cath, acknowledges the improvement but questions the cap’s logic.

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