Beyond Compliance: How Financial Institutions Can Meet New Fraud-Sharing Mandates While Respecting Privacy

This report describes the growing problem of Authorized Push Payment (APP) fraud—social engineering scams that exploit real-time payment systems to rapidly move and launder victim funds—and argues that proactive, privacy-preserving, real-time intelligence sharing between financial institutions is required to prevent losses. It surveys regulatory initiatives (UK PSR/FCA, EU PSD3/DORA, FinCEN 314(b), etc.), operational challenges of sharing suspicious activity, and presents Group-IB's Cyber Fraud Intelligence Platform and Distributed Tokenization as a technical approach to enable collaborative detection without violating data-protection rules.