The July 2024 report finds that account takeover and authorized push payment fraud are more common on real-time payment rails, with growth rates higher in markets where adoption is driven by central bank policy. Fraud control investment is strongest where liability shift rules are imminent, such as in the U.K. While modernization and orchestration of fraud controls are priorities, most markets have not reached full mobilization. Key focus areas include mule activity detection, inbound payment monitoring, and stronger customer verification, reflecting a shift toward slowing some aspects of faster payments to improve security.

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