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Banking

Banks may add friction to instant payments to combat fraud

By: globalinvestmentstrategy.com

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The financial services industry has worked for years to create frictionless payments. Now it may be necessary to add friction back into the mix to combat fraud.  “Instant payments actually has a lot more fraud connected,” Jenny Winther, head of payment schemes at Sweden-based Handelsbanken, said today during Volante’s “From mandates to modernization: Payment as […]



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