Private settlement networks promise speed and efficiency, but can payments leaders safely embrace innovation without sacrificing transparency and regulatory oversight?| The Payments Association
Money mule networks have industrialised into ‘mule-as-a-service’, laundering £10bn a year. Adaptive AI and intelligence sharing are key to defence.| The Payments Association
As regulators and customers demand to know not just if fraud detection works but how it works, explainable AI is becoming a competitive necessity in the payments industry.| The Payments Association
Embedded payments increase fraud risk when UX trumps controls. Regulators demand dynamic, explainable compliance designed into customer journeys.| The Payments Association
Synthetic identity fraud surged 60% in 2024, fuelled by AI deepfakes and regulatory gaps. UK firms must adopt real-time, risk-based defences.| The Payments Association
UK payment systems face escalating cyber threats, from ransomware to nation-state attacks, demanding stronger resilience, intelligence sharing, and regulation.| The Payments Association