TookiTaki FinCrime Files: Real-Time Payments (RTP) Laundering Risks

This edition of FinCrime Files examines how criminals increasingly exploit real-time payment (RTP) networks to rapidly move and launder illicit funds through channels such as QR payments, PayNow, PayID/Osko, and UPI. It highlights four emerging typologies—including substituted donation QR codes, misuse of shared banking accounts, fake online gambling platforms, and UPI deposit scams—and underscores the need for financial institutions to strengthen real-time, intelligence-led fraud and AML capabilities to detect suspicious activity before funds disappear across increasingly interconnected payment ecosystems.