Are You in Control of Your App – A Case of Fraud

Are You in Control of Your App – A Case of Fraud

App fraud is a significant issue across various banking apps in the UK, with the app experiencing the highest rate of fraudulent transactions losing £350 per £1,000,000 transacted.

Some Interesting Facts:

• Nearly 90% of scams take place on tech platforms, including social media, dating apps, and marketplaces.
• Approximately 30% of fraudulent transactions on Revolut occur through Meta platforms.
• According to a recent Barclays report, 80% of consumers want companies to take stronger actions against fraud.

Are Your Company’s Payment Processes Robust?

With the rise in fraudulent activities, it’s crucial to evaluate and strengthen your company’s payment processes. What more can and needs to be done to counteract rising fraud?

At Aquila Dynamics, our Workflow Process Solutions team is dedicated to working with our clients to design safe and secure business processes. We ensure our clients can conduct their business securely and confidently.

For a confidential discussion on how we can help you, please contact us.