SIBS’ Post

👋🏽 The consultation on the draft guidance (CP24/10) for identifying and differentiating between APP scams and civil disputes, led by the Payment Services Regulator closed on 08 August 2024. This is part of the broader #APPmandatoryfraudrimbursement rules coming into force on 07 October 2024. Final guidance is expected to be released mid-September.  Check out the video recap of the upcoming changes. 👇 Follow for more and if you need help, visit our website: www.exoriya.co.uk ____ For reach: #app #fraud #scams #liability #PSR #RegTech #financialcrime #reimbursement

🔍 The latest figures released by the Payment Systems Regulator (PSR) provide valuable insights into the performance of payment firms in combating Authorised Push Payment (APP) scams and reimbursing victims in 2023. 📊 In its second annual report, the PSR presents data on three key areas: 1️⃣ Reimbursement to victims 2️⃣ Money sent from victims' accounts by each payment firm due to APP scams 3️⃣ Money received into fraudsters' accounts by each payment firm as a result of APP scams The report offers a comprehensive overview of the efforts and effectiveness of major banking groups in Great Britain and Northern Ireland. #APPFraud #ConfirmationofPayee #PreVerification #UK

The Payment Systems Regulator has released a roadmap for APP scams reimbursement requirements due by 7th Oct 2024. Knowing and preparing in advance is the key to seamless adaptation. Check the roadmap here and be ready. #PaymentVerification #ConfirmationofPayee #UK #FraudManagement

Building a Fun and Secure Banking App for Kids with Jetpack Compose: Introducing OPay Child! an extension of OPay I'm excited to share my latest project: OPay Child, a mobile banking app designed specifically for children aged 5-14!. After some Research, I found out that there is not a proper banking app for children below the age of 18, due to many reasons of which one is the regulations by banks governing bodies. so I came up with a perfect solution. In the last 4 Days I have been developing an app or let's say a product. it is called OPay child inspired by the real OPay , though there is no functionality on it, but the idea and UI portray the right solutions for children banking. I think OPay should intergrate this though it is my idea and product 😊 Why OPay Child? -Vast Connectivity: OPay child support connection to a parent account which will ensure that the regulations by banks governing bodies is followed and ensure parent are able to view and manage their children's banking - Financial literacy for the next generation: OPay Child combines the power of the original OPay app with a user experience tailored for kids. It fosters financial responsibility, goal setting, and smart money management through interactive features and engaging stories. - Safe and Secure: Built with security as a top priority, OPay Child leverages parental controls, multiple login options (PIN, fingerprint, voice recognition), and integration with the secure OPay backend for peace of mind. - Engaging and Educational: OPay Child goes beyond basic banking. With fun avatars, interactive stories, and a friendly interface, it makes learning about money fun and relatable for kids. Built with Jetpack Compose: This project leverages the power of Jetpack Compose to deliver a modern and native Android experience, ensuring a smooth and intuitive user journey for young users. Looking for Feedback! I am actively seeking contributions from the developer community! Feel free to share your thoughts, suggestions, or pull requests to help us make OPay Child even better. Looking for Opportunity! I believe this is a great product and OPay can make it possible, I will be happy to work with you guys in implementing it. Let's empower our children to become financially responsible adults! #fintech #jetpackcompose #androiddev #financial literacy #kidsapp #mobilebanking #opay #jetpackCompose

If you’re asked to download any suspicious app or .apk file, then it may be a scam. DO NOT download it and delete it immediately! Scammer apps can easily steal your banking information once installed. To stay safe, ensure you only download apps from verified platforms. Share this with your friends and family so they can stay better informed too. . #financialservices #hasslefreelive #microfinance #nbfcmfi #microfinanceloans #financialgrowth #smallloan #msmeloan #womenempowerment #loanforbusiness #quickloan #EasyDocumentation #HassleFreeLoans #financialliteracy #financialknowledge

Banking at your fingertips has never been easier! 📱✨ Download the Labor CU Mobile App today for seamless access to your accounts, anytime, anywhere! #LaborCU #MobileBanking #MobileApp

"Experience convenient banking with Farmers Bank & Trust's online tools. Derrian Ford can easily manage his finances on-the-go, whether it's checking his balance through our mobile app or making deposits. We're dedicated to providing reliable support for our customers. #FBTStudentAthlete #BankingwithHEART"

Finally a way to teach your children finance basics in real life!

From application to approval in just 59 minutes! Experience the future of digital lending with the PSB59 app. Success is just a tap away. . . #PSB59 #PSB59app #PSBLoansin59minutes #FastLoans #ReliableFinancing #SmartLoans #SecureLoans #SeamlessApproval #LoanApp #QuickApproval #BusinessLoans #InstantApproval #LoanSolutions #EasyLoans #FastLoans #LoanSuccess #effortlessloans #getloanin59minutes

Instant Balance lets you view account balances from the login screen of our mobile banking app—no password necessary. Download the latest version of our mobile app to set up Instant Balance. Search Members 1st Credit Union STL in your app store and download today to have access to this feature and more 24/7. me1stcu.com #me1stcu #instantbalance #savetime #nopasswordsrequired