Tag: Payment Systems Regulator (PSR)
PSR updates long-term strategy on Open Banking, fraud, faster payments and...
The UK’s Payment Systems Regulator (PSR) updated its strategic priorities first set out three years ago, announcing new ambitions to fit in with a...
PSR weighing up cap on Mastercard and Visa interchange fees
The Payment Systems Regulator (PSR) is considering whether to introduce an interim cap on cross-border interchange card fees to reduce the financial burden faced...
Is the world watching the UK’s war on fraud … and...
Fraud prevention has become a top priority for the financial industries of various countries around the world, and the UK has been positioning itself...
PSR notes social media’s role in scams ahead of Black Friday...
Black Friday is here, and though the somewhat ominous sounding name does not usually spell dread for bargain hunting shoppers,they have been cautioned about...
UK’s APP fraud rules – misguided or a step in the...
British financial services will face a major new regulatory requirement to adhere to from next week, the authorised push payment (APP) fraud reimbursement rule.Introduced...
Payments Association says £85k fraud reimbursement limit still too high
The UK payments industry is outlining its thoughts on incoming rules on fraud reimbursement, which the Payment Systems Regulator (PSR) is considering changes to.Due...
Industry reactions flood in to potential PSR fraud reimbursement rule changes
Britain’s payments firms are breathing a collective sigh of relief at the news that the Payment Systems Regulator (PSR) might lower the cap on...
PSR may cut reimbursement rate but scale of APP fraud remains...
The Payments Systems Regulator (PSR) is apparently going to water down its incoming rules around authorised push payment fraud (APP fraud) reimbursement.APP fraud is...
PSR proposes extending APP fraud reimbursement rules to CHAPS
The Payment Systems Regulator (PSR) is considering extending its forthcoming authorised push payment (APP) fraud reimbursement rules to the Clearing House Automated Payment System...
Jumio: Fighting AI with AI — how AI is helping financial...
Artificial Intelligence (AI) may be nothing new to the payments industry, but it is becoming a hot topic with global policymakers as its potential...
