Authorised Push Payment synthetic data

Authorised Push Payment synthetic data

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Authorised Push Payment synthetic data

This 2025 update from the Financial Conduct Authority (FCA) highlights a major technological leap in the fight against Authorised Push Payment (APP) fraud, which accounted for £485 million in losses in 2022. To help innovators develop better detection tools without compromising real-world privacy, the FCA and the City of London Corporation created a massive synthetic dataset.

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