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Tag: Payment Systems Regulator

By delaying instant payments, if suspicious, be effective?

At UK first Global Fraud Summit, HM Treasury plans to introduce legislation, only to apply to suspicious Authorised Push Payments executed within the UK...

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PSR enforces “step-change” in reimbursement rules for APP fraud victims

The UK's Payment Systems Regulator has confirmed plans...

Non-sweeping VRPs set for Phase 1 UK roll out in Q3 2024

Financial regulators in the UK have agreed plans...

The UK Crypto Industry’s Struggle for Financial Inclusion

In its ambition to be a global crypto asset hub, the UK faces significant obstacles that threaten to impede progress in the crypto space. The...

UK should tap open banking to take on card schemes – govt-commissioned review

The UK should use open banking to provide...

Bank push payment scams now 40% of UK fraud

Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s Payment Systems...

Cracking Down on Scams: UK Government Taking Action

The UK government launched a three-pronged strategy for combating and eliminating financial scams in the UK in May 2023, under the direction of UK...

FCA, Delta Capita, Euronext and More: Executive Moves of the Week

More than halfway through May and we see a considerable drop in new executive roles being allocated this week in the forex, crypto and...

Why clamping down on APP fraud is a delicate balancing act for the PSR (Robert Sullivan)

On 25 November 2022, the Payment Systems Regulator (PSR) closed its consultation on new proposals to help address Authorised Push Payment (APP) scams.  Before it...

Helping merchants thrive in the eye of the storm (Ryta Zasiekina)

Thanks to colossal strides in payment technology ingenuity, the world of merchant acquiring has changed drastically over the past ten years. Tried and trusted...

Up to a quarter of APP fraud victims could lose out under new reimbursement rules

New APP fraud reimbursement rules implemented by the Payment Systems Regulator could lead to around a quarter of victims being denied refunds warns...

Six key UK fraud trends to watch out for in 2023 (Traci Krepper)

The UK fraud epidemic shows no signs of slowing down. Consumers have never been more vulnerable to scams and fraud attacks, as criminals look...

All I want for Christmas is…an open banking entity that takes us into the next phase (Siamac Rezaiezadeh)

We may be just a few short weeks away from the end of the year, but things are far from slowing down. In fact,...

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