The Fraud Liability Shift - Is Your Firm Ready?
PSR shift in liability adds another dimension of complexity for financial institutions (FIs) combatting sophisticated APP fraud scams and new account fraud. Not only is it more challenging for FIs to protect themselves and customers, that liability shift could have deep revenue impact.
FIs must strengthen their fraud prevention measures now, because the PSR proposed regulations make them accountable for fraud—even if customers authorize payments.
View this OnDemand webinar as fraud experts offer insights on how to protect your FI and customers and safeguard revenue.
Don't miss out on this opportunity to proactively strengthen your fraud prevention strategy before increased mule activity and shifts in liability affect your financial institution and customers. Topics include:
- Proposed PSR changes will affect FIs and customers
- Detecting and stopping money mule activity is key
- Improving claims management will protect your FI