Show Notes
"You ultimately become a victim of your own success because you’re doing really well as a business but scrambling around trying to make sure your compliance can keep up.”
In this fact-filled episode covering APP fraud, Thomas sits down with James Nurse, Managing Director at FINTRAIL, a leading global financial crime consultancy.
Thomas and James unpack recent cases involving Revolut and Coinbase, drawing comparisons between the two. They look at the staggering £459.7 million stolen by criminals in the UK in 2023 and dig into the alarming rise of scams. James also breaks down the UK reimbursement rules, set to be enforced in October 2024, which shift liability to payment providers.
And as always, our guest will be providing their practical advice to businesses and consumers in safeguarding themselves against fraud.
Sumsub's website: sumsub.com Sumsub's LinkedIn: linkedin.com/company/sumsub Sumsub's Facebook: facebook.com/sumsub Sumsub's Instagram: facebook.com/sumsubcom Sumsub's YouTube Channel: youtube.com/@sumsubcom Thomas Taraniuk on LinkedIn: linkedin.com/in/tomtaraniuk James Nurse on LinkedIn: https://www.linkedin.com/in/jamesnurse/ Hosted on Acast. See acast.com/privacy for more information.
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