Episode # – What You Need to Know About Fraud Liability in 2025
about this event
New rules in the UK require banks to reimburse victims of APP fraud up to £85,000 per case, aiming to enhance consumer protection. However, with low public awareness and exceptions like a £100 claim excess, staying informed is crucial for both consumers and banks.
Key Insights
- Fraud Liability in 2025: Discover how evolving regulations, such as the UK’s APP fraud reimbursement rules, are reshaping accountability for financial institutions and empowering consumers.
- Building Consumer Awareness: With fewer than 30% of people aware of new fraud protection measures, [Guest Name] emphasizes the need for widespread education to close the knowledge gap.
- Actionable Strategies for Banks: Learn practical tips for financial institutions to adapt to new liabilities, streamline fraud detection processes, and safeguard their reputation.
Guest Profile
In this webinar,
you’ll hear about:
Fraud Liability Redefined
Dive into the transformative regulations coming in 2025, including the UK’s new rules requiring banks to reimburse victims of Authorized Push Payment (APP) fraud up to £85,000 per case. Understand the implications for financial institutions and how these changes aim to improve consumer protection.
Bridging the Awareness Gap
Despite the introduction of stronger protections, fewer than 30% of the public is aware of these new measures. [Guest Name] discusses the importance of educating consumers and empowering them to take advantage of these protections.
Operational Challenges for Banks
Discover how financial institutions can navigate the complexities of these new rules, including handling claims efficiently, mitigating risks, and addressing challenges such as the £100 excess clause that could leave smaller fraud cases uncompensated.
Proactive Fraud Prevention
Learn from [Guest Name] about the strategies banks can implement to stay ahead of evolving fraud trends, leverage advanced fraud detection technologies, and foster stronger customer trust.
Future of Fraud Risk Management
Explore predictions and expert insights into the future landscape of fraud liability and how institutions can adapt to regulatory shifts while maintaining operational efficiency.