Topic
APP / authorised push payment
-
Verification of Payee (VoP)
The EU check that compares the payee’s name with the IBAN before a transfer and warns you about mismatches.
-
APP fraud
Authorised push payment fraud: the victim is tricked into sending a payment to an account controlled by a criminal.
-
Confirmation of Payee (CoP)
The UK name-checking service that warns you if the name on an account doesn’t match the one you entered.
-
Gross negligence
A very high standard of carelessness. Under UK APP reimbursement rules, it is one of the few reasons a bank can refuse…
-
APP fraud: when you’re tricked into sending the money yourself
Authorised push payment fraud is the fastest-growing type of bank fraud. Here’s how it works and how to stop it.
-
UK APP scam mandatory reimbursement
Payment firms must reimburse victims of authorised push payment scams up to £85,000, split 50:50 between sending and receiving firms, unless the…
-
EU Instant Payments Regulation — Verification of Payee
Payment providers in the euro area must check the payee’s name against the IBAN before a credit transfer is made, and warn…
-
EU PSD3 and Payment Services Regulation
The package would update EU payment rules, extending fraud liability for payment providers — including for bank-impersonation scams — and requiring fraud…
-

UK APP fraud losses rose 19% in 2025: fewer scams are doing far more damage
Cases grew 7%, losses grew 19%. Criminals are targeting bigger payments, and banks are footing more of the bill.
-

Reimbursement now covers 65% of UK APP scam losses — but the scammers are moving abroad
The regulator’s review finds victims are getting more money back. It also finds international scams nearly tripled.
-

Verification of Payee: what EU banks must do by 2027
Euro-area banks now check payee names before every transfer. Here’s what the next phase means and how liability shifts.
-

“Move your money to a safe account”: why this old scam still works
Impersonation scams exploit trust in the very institutions meant to protect us. The script hasn’t changed — the delivery has.