---
title: "APP fraud: The rise of push payment fraud and advice for fintechs"
date: 2018-03-26T15:44:00+01:00
author: Alara Basul
canonical_url: "https://www.ravelin.com/podcast/authorized-push-payment-fraud-app-fraud-trends-podcast"
section: Podcast
---
Podcast / Fraud analytics

Episode 20

# APP fraud: The rise of push payment fraud and advice for fintechs

David Parker from Polymath Consulting discuss the implications of push payments and how APP fraud is becoming increasingly effective and common for fraudsters.

![APP fraud: The rise of push payment fraud and advice for fintechs](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_885xAUTO_fit_center-center_none_ns/344-APP-Fraud-Feature-885x505-_1x.webp)In today’s episode. we speak to David Parker, CEO of Polymath Consulting, about APP (authorized push payment) fraud.

David has an in-depth knowledge of the payments and ecommerce industry; he regularly consults and advises businesses in the industry all the way from emerging fintechs to corporate businesses. He is an expert in areas such as digital payments and the growth of [mobile wallets](https://www.ravelin.com/blog/what-does-fraud-look-like-on-digital-wallets).

We discuss the rise of fraud in push payments, APP fraud and why it's becoming an extremely common tactic for fraudsters. In the USA, APP fraud is expected to increase [to $2.08 billion](https://www.paymentsdive.com/news/push-payment-scam-losses-to-surpass-3b-by-2028-report/733870/) a year by 2028 while, across the pond, the cost of push payment fraud totalled £239m in just the first half of 2023 [according to UK Finance](https://www.ukfinance.org.uk/system/files/2023-10/Half%20year%20fraud%20update%202023.pdf), with banks unable to return nearly three-quarters (74%) of the money lost.

We hope you enjoy! Don't forget to subscribe below to get the latest updates sent straight to your inbox.

[**To learn more about online payment fraud, visit our insights page.**](https://www.ravelin.com/insights/online-payment-fraud)

![david parker ravelin podcast](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/david-parker.jpg)

![Afk Bu I 400X400](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_122x122_crop_center-center_none_ns/851/afk_Bu-i_400x400.webp)Alara BasulRavelin alumna

More from Alara Basul

- [Infographic: The growing cost of fraud in 2018](https://www.ravelin.com/blog/infographic-fraud-in-2018)
- [Meet Tim Whelan, Ravelin’s VP of Engineering](https://www.ravelin.com/blog/meet-tim-whelan-ravelins-vp-of-engineering)
- [National Cybersecurity month: Raising awareness of fraud in payments](https://www.ravelin.com/blog/cyber-security-month-fraud-awareness)

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