Compliance Dictionary

This is the compliance dictionary from TM Group with a focus on the EU and UK market and the financial industries and banking. The compliance dictionary is not complete, and probably never will be, and is by that always under development. This is the perfect reference work, and it makes perfect sense to bookmark it […]

What is Authorized Push Payment Fraud?

The banking sector faces a massive threat from fraudsters impersonating as what seems legitimate employees and/or companies trying to get a fraudulent payment authorized by a relevant individual. This type of fraud scam is called Authorized Push Payment Fraud and is extremely difficult to detect and protect yourself against, because of the authorization process itself.