Tag: Payments System Regulator (PSR)
Visa and Revolut legally challenge PSR proposals on capping digital fees
The UK’s Payments Systems Regulator (PSR) proposed a cap on interchange fees for international transactions has attracted criticism from some of the world’s leading...
Fraud in focus: Payment Expert’s 2024 perspectives
Payments have the potential to improve the well-being of people around the world, but, like many industries, there are always bad actors seeking to...
UK payment firms now required to reimburse APP fraud victims
Starting today (7 October), UK payment firms are now obligated to reimburse victims of authorised push payment (APP) fraud, with compensation capped at £85,000.Introduced...
StreamMind launches APP prevention solution in Europe
Technology software providers StreamMind has announced the launch of its bank transfer scam prevention solution in Europe.The solution enables a user to match an...
UK Finance delays Payee ‘name-check’ enforcements
UK consumer banking and financial services organisation UK Finance has stated that its planned ‘Confirmation Payee System’ will be delayed until 2020.Planned to...
