Business Email Compromise: A New Frontier in APP Fraud and Regulatory Risk

Business Email Compromise sits at the nexus of cyber risk, financial crime and payments regulation. Under the UK’s APP ...
Hosted on MSN

CBN orders 48-hour refunds for APP fraud victims

The Central Bank of Nigeria has proposed new rules requiring banks and other financial institutions to refund victims of Authorised Push Payment fraud within 48 hours of investigations being concluded ...

The Role of Identity in the PSD3 Era

If PSD2 was about opening the door to competition, PSD3 is about securing the house. It moves identity, fraud prevention, and ...
Naija Gist - Latest

The CBN Says Nigerians Have 72 Hours to Report Suspicious Transfers

The new CBN fraud rules introduce a simple but important message: report suspicious transfers immediately. On November 26, the Central Bank released draft guidelines for handling Authorised Push ...