Analysis · APP fraud & scams
Glossary
APP fraud
Scams where victims authorize the payment themselves.
Definition
Authorized push payment (APP) fraud is a scam in which the victim is tricked into sending a payment themselves, for example to someone impersonating their bank, a supplier or a romantic partner. Because the customer authorized it, strong authentication alone does not stop it.
Related terms
- Account takeover (ATO)Criminal control of a legitimate account.
- Strong customer authenticationThe EU's two-factor rule for payments.