Mike Mike

Oct 6, 2024 | cifas.org.uk | Mike Mike

7 October 2024 will be landmark day for the banking industry and the wider fraud prevention community. The Payment Systems Regulator’s long-anticipated rule changes – to make reimbursement for fraud losses mandatory – officially go live. In what is arguably the most polarising policy initiative in the history of the UK counter-fraud industry; the implementation of the PSR reforms for Authorised Push Payment (APP) fraud marks a step into the regulatory unknown.

Aug 6, 2024 | cifas.org.uk | Mike Mike

At Cifas we’ve been tracking trends in first party trends over a number of years. Whether a false application for a mortgage, inflated insurance claims or chargeback fraud, our research makes clear that first party fraud is a growing problem and one which is increasingly normalised in society.   In our 2023 annual ‘Fraud Behaviours’ report we surveyed 2,000 people in the UK to find out about their attitudes to first party fraud.

Apr 15, 2024 | avsforum.com | Mike Mike

Just a big shout out to avs forum, I finally came across a solution to my 2 year dilemma of dialogue when watching Atmos content, I’ve tried everything from buying new centers to actually buying a new receiver. I read countless websites for crossover, base management etc,etc. Today I came across a tread in regards to DRC which I never considered due to all the “advice” not to use it.

Mar 17, 2024 | cifas.org.uk | Mike Mike

The new Consumer Duty rules for retail financial services, which came into force in July 2023, marked a considerable shift in the regulatory expectations on firms as regards consumer protection. As noted by the Financial Conduct Authority (FCA), who will supervise firms for compliance, the Consumer Duty “sets higher and clearer standards of consumer protection across financial services and requires firms to put their customers’ needs first”.

Dec 17, 2023 | cifas.org.uk | Mike Mike

In my recent blog “Economic Crime in the Data Age” I set out the reasons why now is the right time to create a bold vision for an economic crime data eco-system for the 21st century. While achieving this vision will take considerable time, expertise and investment, it is imperative we act now to tackle economic crime and its substantial human and financial cost to the UK.