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Location
London
Member since
2023
Writes about
Payments Financial Crime

Martin's blog archive

Martin Sansone

Martin Sansone

Lead Architect at Sansone Projects
Message Message me Posts: 1 Comments: 5
Bio Passionate about and works in AI, Digital Identity, Payments and Fraud. AI Workflow Adoption for Small Businesses & your office with 1000% ROI. Providing toolkits and agents that intelligently automate your tasks, implement solutions and achieve outcomes quicker. Enabling small businesses to outpace competitors and achieve business goals. Start small and go BIG with Sansone Projects support and guidance. https://www.linkedin.com/in/martinsansone/ Career History Additional expertise in eID solutions; PSD2 ISO20022 Banking/Settlement & PCI-DSS Merchant Payment card industry implementations; IoT & EPoS systems; software development and technical infrastructure/applications change management services. Principle architect for the Scottish Government's new ISO20022 Payments Platform and their Digital Identity Platform. Previously held CTO roles spanning 7 years and deep consultancy background of 20 years.

Blogs

Data sharing

Introduction to EFD Messaging: A New Era in Combating Payment Fraud

07 May 2024

Welcome to the Dawn of Enhanced Fraud Detection. In the modern era of digitalisation, financial transactions have become an integral part of our lives, touching the daily routines of billions worldwide. However, the ease of these digital payments is marred by the alarming menace of payment fraud, particularly the devastating Authorized Push Payme...

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Martin is Commenting on

Former Barclays CPO Megan Caywood Cooper launches AI wealthtech

  Now THAT is forward thinking for a banker !!  I congratulate Megan in her entreprenurial venture and will be an early customer. I also dispare at how difficult it is for banks themselves to embrace innovation internally.

07 Jun 2024 Reply Read article

Australian banks roll out raft of scam protection measures

  I encourage the Australian Banking Industry to take a look and consider the UK's new EFD (Enhanced Fraud Data) Messaging solution where UK banks agree will have a larger impact on fraud when it rolls out in 2024. You can read about the initial draft standard here: Pay.UK and UK Finance publish first iteration of technical collateral for Enhanced Fraud Data Standard (wearepay.uk) We are currently working with regulators etc. to refine the solution and publish the day one standard very soon.

27 Nov 2023 Reply Read article

EU agrees game-changing deal for instant payments

  Can anybody add colour to the meaning behind the words "Council and Parliament say that the rules will improve the strategic autonomy of the European economic and financial sector as they will help reduce any excessive reliance on third-country financial institutions and infrastructures." I assume the proposal document ref "COM(2022)546 final" is at EUR-Lex here:  https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52022PC0546R(01)&qid=1699610741402

10 Nov 2023 Reply Read article

Customer loses £60,000 to criminal posing as Santander's head of fraud

  AML/KYC checks are not always the issue! Too many money mule accounts have zero issues within the AML/KYC process, simply because our current solutions are not robust enough - and the criminal mind easily works around them. Proper collaboration across industries needs to happen with verified responsible data sharing.  The noise around privacy only serves bad actors - and needs to change to a conversation about informed consent.

05 May 2023 Reply Read article