FCA and COLC Authorised Push Payment (APP) Synthetic Data Launch

We’re co-hosting a 1-day in-person event in partnership with the City of London Corporation to launch our APP fraud synthetic dataset.

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The event will be hosted on the FCA Permanent Digital Sandbox, from 09:00 to 17:00 on Wednesday 27 September, 2023.

In September 2022, the FCA and Payment Systems Regulator (PSR) jointly ran an APP Fraud TechSprint, working with industry participants using synthetic and pseudonymised personal data, bank records to better understand:

  • technological solutions
  • how useful data could be shared and possible gaps and barriers in tackling fraud

Reflecting and building on the valuable lessons learned from the APP Fraud TechSprint, the FCA, COLC and Smart Data Foundry have continued to explore and enhance the synthetic dataset and are excited to announce this all-day event to reconvene the community and build on the APP Fraud sprint and plot the role for synthetic data. 

During this event we will:

  • Introduce the APP Fraud synthetic dataset and the engagement programme around it.
  • Familiarise you with the synthetic data set as a potential innovative tool for data sharing challenges.  
  • Introduce the permanent Digital Sandbox.

Register here to apply for a place. Registration deadline COB 12 September 2023. 

We have limited availability for this event and will notify applicants on the status of their application shortly after registration has closed. 

Agenda

Time Session
9:00 - 09:30 Sign in and coffee
9:30 - 09:50 Welcome and opening remarks
Opening Keynote - Recap on APP Fraud TS and Landscape
09:50 - 10:30 Launch of the Permanent Digital Sandbox, the role of synthetic data and flagship dataset briefing
10:30 - 10:45 Break
10:45 - 12:00

Option 1:
Interactive Data Session

10:45 - 11:30 Panel
Cross sector data science techniques: Lessons learned and best practice
Panel discussion on data exploration techniques from a span of sectors, outside of financial services.

11:30 - 12:00 Data exploration
Deep dive into data schema and Q&A
A technical briefing on the APP fraud synthetic data being launched and hosted on the Permanent Digital Sandbox.

Option 2:
Panel and Q&A

10:45 - 12:00 Panel
A tour d’horizon of APP Fraud: Enforcement and policing

A session to discuss the evolving APP Fraud landscape with a focus on typologies, enforcement and policing and areas to improve collaboration.
12:00 - 13:00 Lunch
13:00 - 14:30

Option 1:
Interactive data session continuation

13:00 - 13:45
Case study session
An interactive case study session
looking at data sources across the
fraud landscape.

13:45 - 14:30
Data exploration
An exploration session focused on the APP fraud synthetic data being launched and hosted on the Permanent Digital Sandbox.

Option 2:
Panel and Workshop

13:00 - 13:45 Panel
How the economic climate is impacting behavioural personas and what it means for fraud
A panel discussion on how the Cost of Living crisis and the economic climate
is impacting behaviours and impact on fraud, debt and vulnerability.

13:45 - 14:30 Workshop
Understanding behavioural personas
An interactive workshop applying the insights from the panel into product development discussions, with a focus
on behavioural personas.
14:30 - 14:45 Break
14:45 - 15:30 Closing Panel
Beyond a seed: how to accelerate your start-up
A discussion focused on the considerations and learnings of solution development
in the APP fraud space.
15:30 - 16:00 Closing remarks and next steps

 

FAQ’s

Please email [email protected] with any other questions.