The PSR’s new fraud refund rules: A step forward, but is it enough?
The Payments Association
OCTOBER 22, 2024
Financial institutions must adopt AI-driven solutions and collaborate closely to proactively combat evolving fraud threats. As fraud continues to rise, especially with the emergence of AI-powered scams, is this new regulation enough to tackle the ever-evolving threat of financial fraud? AI is a double-edged sword in fraud prevention.
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