IFX Payments joins Stop Scams UK

Stop Scams UK is delighted to welcome IFX Payments as the first specialist Payment Services Provider to join its membership.

IFX Payments are a bespoke digital FX and payments solution that offers businesses a quick, secure and easy to use treasury service; all at low cost. Whether it’s a single transfer or an international payroll run, IFX Payments will streamline operations to save time and money.

We’re looking forward to collaborating with other members across banking, technology and telecoms to help tackle scams and prevent them at source. 

Will Marwick, CEO IFX Payments

Will Marwick, CEO of IFX Payments, said the company was “super excited” to be joining Stop Scams UK.

“Our industry has a duty to protect consumers from fraud – the latest annual losses from Authorised Push Payment Fraud came in at £340.65 million – an unacceptable number if the UK is to be considered a leading payments market,” he said.

“Customers need assurances that our banks and fintechs have their best interests at heart and implement robust systems and controls to secure their funds.

“We’re looking forward to collaborating with other members across banking, technology and telecoms to help tackle scams and prevent them at source.”

The arrival of IFX Payments, our first specialist Payment Service Provider member, is very exciting and underlines the ongoing growth and broadening of our membership.

Mark Tierney, CEO Stop Scams UK

Stop Scams UK CEO Mark Tierney, added: “The arrival of IFX Payments, our first specialist Payment Service Provider member, is very exciting and underlines the ongoing growth and broadening of our membership.

“The recent influx of new members is a vote of confidence in our work and highlights the support for cross-sectoral collaboration in the fight against fraud.”