Listen to what experts say about the latest trends in payments

Combating financial crime through data sharing and collaboration

The battle between GDPR/ data minimisation and fraud prevention is a tough one to navigate, but there is widespread agreement that further collaboration on data is necessary to tackle financial crime.

The Economic Crime and Corporate Transparency Bill will only go so far towards enabling information sharing between certain businesses for the purposes of preventing, detecting, and investigating economic and financial crime.

So, what can the private sector do to expedite progress and how can you protect your business from poor data quality?

This webinar, in partnership with Form3, Benefactor of Project Financial Crime, explores data sharing initiatives and solutions that allow for public-private data sharing, as well as the risks of low collaboration and siloed data.

The blurred lines of liability

The ubiquitous adoption of digital technologies and a huge uplift in e-commerce has resulted in unprecedented levels of online financial fraud. The UK alone saw a 71% increase from 2020 to 2021 with £583 million in APP fraud losses, while the US experienced a 70% increase in fraud losses within a year, totalling $5.8 billion.

The pressure to safeguard consumers and develop robust cross-sector fraud prevention strategies is mounting. So, how can banks and big tech work together to tackle this issue and take liability for the part they play in online fraud?

Could the ‘polluter pays’ principle balance the liability scales? What other models would acknowledge the complexity of the digital landscape and offer fraud protection strategy fit for the digital future?

Watch this webinar to hear the panel of experts discuss how banks and big tech can work together to tackle the fraud problem.

A journey into ESG with Charles Radclyffe

Charles Radclyffe, CEO at EthicsGrade and Charlie Bronks, head of ESG at Crown Agents Bank, discuss the importance of ESG (environmental, social, and governance) measures in the payments industry and how more progressive policies and business-models can and must be implemented in 2023 in this podcast.

“ESG credentials are demanded in today’s market by your stakeholders and by your talent pool. Therefore, it can’t be a tick box activity […] its not optional, it’s not political. It makes business sense and is the right thing to do,” says Charles.

Listen to the podcast to learn about the challenges of measuring ESG, how Charlie and Crown Agents Bank have gone on an ‘ESG journey’ and what the launch of The Payments Association’s Project ESG working group means for our members.

Know your criminal: Where are the blind spots in your organisation?

Fraud is a multi-faceted threat. From deliberate error to organised crime there is no one methodology that can be used to tackle all fraud typologies.

If this is an accepted reality, then how can organisations, specifically compliance officers and analysts, be more empowered to finding and combating fraud and remaining 10 steps ahead.

Listen to this webinar to hear experts from across the financial ecosystem discuss how the regulatory environment changed post Brexit; whether there is likely to be a surge in fraud crime because of the cost-of-living crisis; and how the regulatory environment changed post Brexit; whether there is likely to be a surge in fraud crime because of the cost-of-living crisis; and how the industry can drive reg-tech standard.