Used by the UK's leading high street banks, Scam Signal is helping to detect and stop scams in progress by over 40%
eBook: How Scam Signal is turning the tide on APP fraud: Used by the UK's leading high street banks, Scam Signal is reducing scams in progress by over 40%
As Mandatory Reimbursement regulations add further demands on the financial services sector, we look at Scam Signal - a unique and innovative collaboration between the banking and telecommunications sector focussed on addressing the increasing threat of Authorised Push Payment fraud. Here we focus on the unique threats and challenges posed by APP fraud, and how Scam Signal is being used to better detect instances of coercive impersonation fraud and reduce banks exposure to the risk of fraud reimbursement claims.
“Scam Signal provides bank with the opportunity to move from a reactive to a proactive response to APP fraud.”
