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As part of its relentless pursuit to stay ahead of payment fraud, Caxton Payments has teamed up with tell.money to introduce Confirmation of Payee (CoP) services, adding yet another cutting-edge layer of security to its platform and ensuring customers’ funds are more protected than ever. This collaboration comes at a crucial time, as authorised push payment fraud for the first half of 2024, though declining, still reached 97,344 cases and caused personal losses of £166.5 million and business losses of £47.2 million.(1) The partnership will integrate tell.money’s Confirmation of Payee service, a fully managed SaaS solution, enabling both business and…