Posts Tagged ‘Payment Systems Regulator’
Form3 unveils new APP fraud prevention solution with Feedzai
Form3’s new ‘APP Fraud Solution’, which is powered by Feedzai’s fraud and financial crime analytics, will be rolled out in the UK.
Read MoreNew draft legislation aims to tackle APP fraud
The UK Government will give UK banks the option to delay payments by up to four business days should they suspect fraudulent activity.
Read MoreFeature: How will Open Banking shape up in UK and Europe in 2024?
Brite Payments, NatWest, Token.io and Finastra consider the outlook for Open Banking in the UK and Europe, with VRP, PSD3 and fraud prevention top of mind.
Read MorePSR’s new APP fraud reimbursement requirement puts UK ‘at the forefront’
The industry will have to comply with the Payment Systems Regulator’s new Authorised Push Payment fraud reimbursement requirement from 7 October 2024.
Read MoreJROC reveals progress made on Open Banking in the UK since April
The UK’s Joint Regulatory Oversight Committee called it “encouraging to see momentum on Open Banking being sustained and actions being progressed at pace”.
Read MoreJROC responds to the VRP Working Group’s blueprint
The UK’s Joint Regulatory Oversight Committee is targeting a Phase 1 rollout of non-sweeping VRPs by the third quarter of 2024.
Read MorePSR hires Dan Moore from the Department for Transport
Moore, who joins the PSR in January 2024, is currently director of rail strategy and analysis at DfT.
Read MoreInsight: What is Confirmation of Payee and how can it stop APP fraud?
Dima Kats, chief executive officer of Clear Junction, writes about the need to tackle APP fraud and why Confirmation of Payee is the answer.
Read MoreUK’s Future of Payments Review endorses Open Banking as way to boost competition
Open Banking could provide “a viable digital alternative to the card schemes”, according to the review, and “improve the UK consumer account-to-account payment journey”.
Read MoreNatWest, Tink hail benefits of commercial VRPs as industry readies for 2024 pilot
Speakers from NatWest, Tink and Token.io, as well as the FCA and PSR, took part in a panel on commercial VRPs at Open Banking Expo UK and Europe on 18 October.
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