Peter Tapling is a board member at the U.S. Faster Payments Council. He says faster payments pose different fraud-fighting challenges than those involving consumers. Tapling: “The moment a company hits the button the payment is gone. This might eventually evolve to larger amounts” Tapling also discusses: How enterprises are adapting to faster payments; how faster payments fraud differs for enterprises and consumers; how authorization mechanisms need to change; how enterprises can prevent faster payment fraud; how fraud can be prevented.”]
Source: https://www.bankinfosecurity.com/how-enterprises-prevent-faster-payment-fraud-a-17248