APP fraud for decision makers

28 November 2019, London

Authorised push payment fraud is one of the most significant issues confronting the financial services industry today as reflected in pressure from politicians, regulators and consumer groups for firms to do more to support victims of APP fraud through the CRM Code and Confirmation of Payee.

Up to now, BSA members have been on the fringe of these initiatives as both were initially designed for current account providers. But, as work progresses to make the Code and CoP building society-friendly, building societies / credit unions will soon be asked to make significant decisions as to whether they become participants. 

This seminar, hosted by Addleshaw Goddard LLP, is designed to give the managers that will make these decisions the full legal, policy and technical background to payment fraud and the consumer protection standards and initiatives to help them assess how their organisation should proceed.

Content:

  • An overview of frauds targeted at consumers and building societies’ liability in each type of fraud
  • APP fraud risks and countermeasures in the building society world
  • The Contingent Reimbursement Model Code – making the Code fit for building societies
  • The benefits and challenges of Strong Customer Authorisation both in enhancing payment services and in preventing fraud.
  • An introduction to Confirmation of Payee 
  • What next – the key decisions coming up for BSA members

Venue:
Addleshaw Goddard LLP, London EC1

Proposed timings:
09.30 for a 10.00 start; concluding at 15.30 (approx.)

Cost:
BSA members only: £350 (VAT exempt)
Cost includes course documentation, lunch and refreshments

Register:
To secure your place, please complete the online form.

Programme:
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