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EU fraud liability VoP: Protect Your Revenue from APP Scams

EU fraud liability VoP: Protect Your Revenue from APP Scams

The New Frontier of Financial Risk: The Tectonic Shift in European Payments The payment industry relied heavily on the Revised Payment Services Directive (PSD2) to secure transactions. While PSD2’s Strong Customer Authentication (SCA) successfully curbed unauthorized card fraud, it proved ineffective against the current threat: Authorized Push Payment (APP) fraud. Consequently, financial crime evolved. APP […]

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