Authorized Payment Fraud: A Global Guide to Customer Reimbursement Models for Financial Scams

Online banking has been quickly evolving to an immediate payment world, and consumers have come to expect the ability to instantly send and receive funds. This convenience for customers has also made committing fraud more convenient for criminals as witnessed by the increased volume and effectiveness of scams targeting banks and their customers.

As more victims sustain losses from authorized payment fraud scams, banks are starting to focus more on what they can do as regulators around the world are giving more scrutiny to the problem. Access the white paper to explore the current regulatory landscape related to unauthorized and authorized payment fraud in fifteen countries and the European Union, including the similarities and differences, and key mitigation strategies that can be implemented today.