LSEG RISK INTELLIGENCE

Defeating APP Fraud: How to ensure going global brings rewards, not risks​

Our white paper explores the risks of APP fraud in cross-border payments, delivering key insights for payments and finance professionals.

Access the full white paper

Global losses from authorised push payment (APP) scams could reach $331 billion by 2027.

While the growth in cross-border payments, driven by globalisation, the rise of faster payment schemes, e-commerce and technological advances, brings undeniable benefits to citizens, businesses and other organisations, it also introduces significant risks.

One of the most pressing is APP fraud, also known as credit push fraud. As APP scams continue to increase globally, it is crucial to examine the vulnerabilities in international payment systems that make fraud easier to carry out, as well as raise awareness of how nefarious these scams can be, especially in the context of the use of AI for impersonation.

This paper provides in-depth insights on the cross-border payments landscape, highlighting efforts by governments around the world to combat APP fraud. It details the importance of continuous fraud monitoring and proactive prevention. Finally, it explores how organisations of all types, including companies, fintechs and banks, can protect themselves and their customers by adopting innovative technologies to enhance security, build trust and support compliance with evolving regulations.

Complete this form to open the full white paper

By submitting this form, you agree to your personal data being shared within the London Stock Exchange Group of companies (LSEG) for the purpose of receiving communications via post, phone and electronic means from LSEG about event, resources, products, and/or services.

For more information on how LSEG uses your data, see our Privacy Statement. You can adjust your preferences at any time through the preference link in any electronic communication that you receive from us.

Find out more

Insights

Leveraging ACH network growth: Proactive fraud prevention is key

ACH payments surged in 2024, but so did fraud risks. Learn how proactive security strategies can help businesses harness ACH growth safely and efficiently.

APP Fraud: A growing global crisis in payments

APP scams exploit instant payments and cause irretrievable losses. Global policies are evolving, but businesses must act with fraud prevention tech.

B2B Payment Fraud Across the Customer Lifecycle

Explore LSEG’s latest research on B2B payment fraud, offering insights for finance and treasury professionals to combat fraud across the customer lifecycle.