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HM Treasury intensifies action on  APP fraud clampdown

The British government is moving to bolster the legal framework around fraud prevention, in response to an increase in Authorised Push Payment (APP) fraud. Draft...

PSR updates APP policies but ‘reimbursement alone cannot prevent fraud’

The UK’s Payments Systems Regulator (PSR) has taken a significant step in improving consumer protection against Authorised Push Payment (APP) fraud. Following consultations over the...
LSB

LSB Report: Access to business banking important for disabled customers

The Lending Standards Board (LSB) released a report that advises on the steps necessary to improve financial inclusion for disabled customers.  As the regulator of...

Virgin Money tightens up security via the CRM code

Virgin Money is set to strengthen its security from scams by adopting the Contingent Reimbursement Model Code (CRM code).  The CRM code sets out to...

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