Dive into the intricacies of resolving Approved Push Payment (APP) Fraud in the latest episode of The Payments Podium with the Payments Professor and special guest, David Peterson, a seasoned expert from First National Bankers Bank. This engaging discussion centers around APP fraud in the fast-paced world of electronic payments, particularly with systems like Zelle, RTP, and the upcoming FedNow service. David draws from his extensive experience since 1983 to shed light on how APP fraud affects consumers and financial institutions, especially in transactions where funds are irrevocably pushed to recipients. The episode explores the complexities of this fraud type, its increasing prevalence in faster payment environments, and the imperative for enhanced security measures. Tune in to gain valuable insights on safeguarding against APP fraud and navigating the challenges of secure, instant electronic transactions.

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