John Bertrand

[John Bertrand @johnfbertrand]

Check out my latest article: Perimeters: Ongoing Compliance for Jurisdiction and Stablecoin/Tokens https://t.co/Hnw1f5cgku via @LinkedIn

[John Bertrand @johnfbertrand]

Check out my latest article: Bank Fraud is Colossus: what can we do? https://t.co/VLLCA7w4X8 via @LinkedIn

[John Bertrand @johnfbertrand]

The move to Global Instant Payments is underway. X/Twitter platform has 23 US state Banking licences. Verification of bank account is mandatory in UK and EU from Oct 2024. Will social platforms join the trend?

[John Bertrand @johnfbertrand]

Future of Payment Review – who will pay? https://t.co/oBTobk6bay

[John Bertrand @johnfbertrand]

Check out my latest article: EU mandatory regulation is on the money https://t.co/cON3hW0t6T via @LinkedIn

[John Bertrand @johnfbertrand]

Boost for anyone being scammed by push payments from their bank accounts commencing 2024. Reimbursements to be within 5 days of which your bank pays. Then your bank receives 50% from the receiver bank.

Reimbursements to double as the UK payment industry will need to comply

[John Bertrand @johnfbertrand]

Check out my latest article: UK Supreme Court, July 2023, only when validity of instruction is unclear will the bank have a Duty of Care. https://t.co/K8d577d7Lq via @LinkedIn

[John Bertrand @johnfbertrand]

Check out my latest article: Ready or not: Instant cross-border payments are coming https://t.co/4IHH2GqVTS via @LinkedIn

[John Bertrand @johnfbertrand]

Rise of Instant Payments, Global platforms: action please https://t.co/vBCIjIzpKi via @LinkedIn
Having two real time systems in the UK – CHAPS and Faster Payments - is a bonus with fungible CBDC and NFT

Unfortunately, fraudsters’ first choice is instant payments.

[John Bertrand @johnfbertrand]

Check out my latest article: Technology highlighted in Corporate Treasury: ACT Conference https://t.co/eWjOYIIDi1 via @LinkedIn

[John Bertrand @johnfbertrand]

Will Payment Service Providers (PSP) prosper going forward?
https://t.co/TFsOApVwgH via @LinkedIn
As domestic payment fees 'go towards zero', how will PSP make money from the payments business if the PSP is a non-bank and is OpenBanking an opportunity or challenge?

[John Bertrand @johnfbertrand]

Rephrasing Admiral Nelson famous quote from the Battle of Trafalgar:
“regulators, Police and Board Member participants in the fraud chain Board are mandated to do their duty of care”

https://t.co/9RHU4bApb3 via @LinkedIn

[John Bertrand @johnfbertrand]

Check out my latest article: Instant Payment Regulations https://t.co/uO7drC0OvI via @LinkedIn

UK/EU bringing additional trust to using moving money in seconds and set new operating, fraud prevention and reimbursement standards fit for the digital age.

Ideal for being bought

[John Bertrand @johnfbertrand]

Check out my latest article: Justice for APP Fraud scams https://t.co/goWIhStxME via @LinkedIn

Who should be liable for the monies being scammed out of bank accounts using faster payments? (Authorised Push Payment Fraud: APP Fraud)

[John Bertrand @johnfbertrand]

Check out my latest article: Authorised Push Payment (APP) fraud grew 39% in 2021 with little justice so who shot the Sheriff?

The answer may surprise you.

Special thanks to Bob Marley for the inspiration

https://t.co/hzW58GsCJt via @LinkedIn

[John Bertrand @johnfbertrand]

Authorised Push Payment Fraud (APP): UK's Curious Resistance To CoP April 13 Financial Services Club Event
https://t.co/iA0Vclgp4r

https://t.co/UzHPmOrE7i

[John Bertrand @johnfbertrand]

Check out my latest article: Burglaries and Cheques Disappearing in the UK
https://t.co/6HGdlLaLxH via @LinkedIn

[John Bertrand @johnfbertrand]

Banking scams come in many disguises and are inextricably linked to the counterparty, commonly referred to as the Payee in a bank payment transaction.

https://t.co/XMy7Uv9MQn via @LinkedIn

[John Bertrand @johnfbertrand]

In developing an effective payment technology to deal with APP and banking fraud, it is of the utmost importance to Know Your Payee.

https://t.co/XMy7Uv9MQn via @LinkedIn

[John Bertrand @johnfbertrand]

With financial scams - Something is rotten in the state of Denmark - the ghost in this case is the fraudster

Check out my latest article: Scamdemic – vulnerable, with little protection and few arrests https://t.co/BB320574Am via @LinkedIn