Instant Payments Fraud Dispute Resolution: Guiding Principles for the U.S. Report
Developed by the FPC Fraud and Scam Mitigation for Faster Payments Work Group, this report provides industry guidance for designing dispute resolution frameworks related to fraud and scams involving instant payments.
As instant account-to-account payments continue to grow in the United States, the report addresses the unique challenges associated with fraud dispute resolution in irrevocable payment environments. The principles outlined in the report are intended to help strengthen consumer and business confidence while supporting the continued adoption of instant payments.