Tag: The Payments Association (TPA)
TPA’s Tony Craddock: “The time is right for UK digital ID”
In January, the UK government announced the launch of its GOV.UK Wallet, which is set to roll out this summer. The digital wallet will...
Payments Association proposes fraud reimbursement reforms in 2025 manifesto
The Payments Association (TPA) has released its Payments Manifesto 2025, emphasising the need to create conditions that support growth and innovation in UK payments...
The sky didn’t fall but are we on the right track?...
It's still too early to tell, but payments firms are not reporting record losses and staff are not fleeing London’s banks in terror. At...
CRO Visa Europe: antiquated infrastructure needs updating to fight fraud
Fraud has evolved over the years to being perpetrated by highly sophisticated operations, likened by a senior executive at payments giant Visa to emulate...
PSR drops APP fraud reimbursement cap to £85,000
The Payments Systems Regulator (PSR) has confirmed that the cap on authorised push payment (APP) fraud reimbursement will stand at £85,000.The regulation is set...
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...
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 APP fraud rules may “pile even more pressure” on smaller...
The UK payments industry is pushing back against the Payments Systems Regulator’s (PSR) incoming requirements around authorised push payment (APP) fraud reimbursement. According to Bloomberg,...