Fraud risk management at payment firms "disappoints" UK regulator

A "high-level evaluation" of how a dozen UK banks and other payment firms approach fraud risk management has delivered "disappointing" results, according to the UK Financial Conduct Authority (FCA).

A "high-level evaluation" of how a dozen UK banks and other payment firms approach fraud risk management has delivered "disappointing" results, according to the UK Financial Conduct Authority (FCA). [1]