Posts Tagged ‘Payment Systems Regulator’
PSR reveals increase in APP fraud reimbursement in 2023
The Payment Systems Regulator found that reimbursement largely depends on which bank victims are a customer of.
Read MoreBank of England outlines approach to innovation in payments
The UK’s central bank has released a discussion paper setting out its plans to engage with the rapid pace of change in payments.
Read MorePSR, FCA seek information on Big Tech and digital wallets
The joint call for information will provide the regulators with an understanding of the benefits and risks of the “go-to payment type”.
Read MoreThe Payments Association: Scale of APP fraud ‘most worrying’
The Payments Association has published the findings of its financial crime survey and called for changes to the PSR’s APP fraud reimbursement scheme.
Read MorePSR appoints interim managing director from FCA
The PSR will begin the search to recruit a new permanent managing director after the general election.
Read MorePSR announces departure of MD Chris Hemsley
Hemsley, who has led the PSR for five years, has a new role lined up.
Read MoreInsight: Enhancing fraud prevention strategies – the value of integrated solutions
Why transaction monitoring and behavioural analytics emerge as essentials in the fight against fraud.
Read MoreAmount stolen through fraud falls in 2023 as banks’ prevention efforts pay off
Ben Donaldson, managing director of economic crime at UK Finance, revealed “concerns” about the new reimbursement rules coming in later this year.
Read MoreUK Finance creates model clauses for commercial VRP rollout
UK Finance’s Jana Mackintosh called the model clauses “a stepping-stone to a wider multilateral agreement”.
Read MorePay.UK: Confirmation of Payee checks reach ‘milestone’
Since being introduced in the UK in 2020, CoP has been implemented by more than 100 organisations.
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