LinkedIn·Wednesday, 19 August 2026·6d ago
Payment fraud across the EU and EEA reached €4.2 billion in 2024, up 17% in a year, with fraudulent credit transfers alone at €2.5 billion.…
Hybrid Core
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Payment fraud across the EU and EEA reached €4.2 billion in 2024, up 17% in a year, with fraudulent credit transfers alone at €2.5 billion.
The Payment Services Regulation responds by moving that cost onto providers: mandatory Verification of Payee, behavioural transaction monitoring, conditional fraud-data sharing between institutions, and full reimbursement where a fraudster impersonates the provider.
Our new article argues this is an architecture question rather than a compliance one — and that pooling fraud intelligence should never mean surrendering control of the underlying data.
Full read below.
#FinancialCrime #RiskManagement #RegTech
Europe moved the fraud bill. The intelligence to prevent fraud hasn't moved with it
https://www.linkedin.com/pulse/europe-moved-fraud-bill-intelligence-prevent-hasnt-hybrid-core-mrote?trackingId=cQKW4lt3qMDnWIssYggXOg%3D%3D
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