FINANCIAL CRIME MONTH: Building financial defences for marketplaces and fintech-enabled merchants
The rise of instant payments, embedded finance and platform-based commerce is transforming how money moves through the digital economy. For marketplaces and fintech-enabled merchants, this creates new opportunities, but also significantly increases exposure to financial crime risk in real time. As transactions accelerate, so must the ability to detect, assess and act on risk instantly… […]
Visa targets subscription and chargeback risk with new management solution
Visa has launched a new Enhanced Subscription Manager as part of its Digital Issuer Solutions platform, aiming to tackle growing risks tied to the rapid expansion of the subscription economy, including disputes, chargebacks and reduced transaction transparency. With global subscriptions projected to reach 12 billion by 2030, recurring payments are becoming an increasingly significant source […]
UK regulators unite to tackle motor finance claims risks amid rising concerns
Regulators have launched a joint taskforce to address poor practices in motor finance claims handling, in a move that signals heightened scrutiny of fraud risks and consumer harm across the claims ecosystem. The Financial Conduct Authority (FCA), Solicitors Regulation Authority (SRA), Information Commissioner’s Office (ICO) and Advertising Standards Authority (ASA) will collaborate to target misconduct […]