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August 13, 2022
Finance Technologies

12 days of payment predictions

Tis the season to be knowledgeable! So, as 2019 comes to an end, Simon Fairbairn, director of solution development at Ingenico banks & acquiring, considers 12 key payment predictions for 2020. Fraudsters innovate too Tis the season to be knowledgeable! In 2019, Authorised Push Payment Fraud (APP Fraud) rose by 40%, costing the UK £616 million. Thanks to the Second Payments Directive (PSD2) and Open Banking, we will continue to see more new players in fintech. This is brilliant, but it means fraudsters will inevitably innovate their techniques, too. As a result, in 2020 we will see banks enhance their…
12 days of payment predictions

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