Transaction Risk Indicators: Difference between revisions
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(Create page - source - JROC - https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1150988/JROC_report_recommendations_and_actions_paper_April_2023.pdf) |
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Transaction Risk Indicators are information used systematically by service providers to detect and prevent potential payment fraud. | Transaction Risk Indicators are information used systematically by service providers to detect and prevent potential payment fraud. | ||
Used collectively and systematically, they enable Payment Services Providers to assess and understand | Used collectively and systematically, they enable Payment Services Providers to better assess and understand the fraud and financial crime risks of a particular requested transaction. | ||
Latest revision as of 14:42, 24 January 2024
Payments - Open banking - fraud prevention - APP fraud.
(TRI).
Transaction Risk Indicators are information used systematically by service providers to detect and prevent potential payment fraud.
Used collectively and systematically, they enable Payment Services Providers to better assess and understand the fraud and financial crime risks of a particular requested transaction.
