Will Faster Payments Mean Faster Fraud?

Presented by

Jeroen Mulder, Jim Wadsworth (Accura), Romana Sachova (CaixaBank), Dean Wallace (ACI Worldwide), Kaspar Gering (TransferWise)

About this talk

The faster payments initiative was put into place to ensure a better customer experience. However, with this comes the question -- will it also encourage faster fraudulent and insecure transactions? Join this panel where experts will discuss: ·How an industry-wide approach to data sharing is critical to better tackle fraud and wider financial crime ·How analytical tools present a significant opportunity to better protect all users of payments systems against fraud ·What is known about the size, scale and flow of stolen money through the UK’s payments systems ·What are banks doing on a global scale to tackle the potential challenges head-on?

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