Tag: UK Finance
David-Jan Janse: Rise of APP scams underlines ‘epidemic of fraud’
The rise in Authorised Push Payments (APP) has been accelerating within the UK, with SurePay’s Co-Founder and CEO David-Jan Janse stating that the ‘epidemic...
UK Finance reveals rise of 39% of APP fraud in 2021
Losses in stolen money due to Authorised Push Payments (APP) is up 39% from last year, according to the latest figures released by UK...
Barclays: Retailers lose £4.3m in online sales daily due to SCA...
Since March, SCA compliance failures have led to a total of £130m losses worth of sales for retailers and businesses supporting online product purchasing.
Research: UK payments sector ready for post-Brexit improvements
The UK’s departure from the European Union provides the industry with 'an opportunity to think afresh about regulation and supervision’, according to the UK...
UK Finance supportive but concerned over new FCA Consumer Duty
Financial lobby group UK Finance has highlighted several points in the upcoming FCA Consumer Duty changes that the industry body thinks are not fully...
Link rolls out Cashback Without Purchase scheme across UK
UK cash machine operator Link has announced the rollout of its Cashback Without Purchase programme across the UK after an initial 12-month pilot period.
The...
UK Finance highlights the potential of open banking
Open banking continues to grow the UK payment sector and continues to embrace it evolving the payment journey dramatically and bolstering efficiency for consumers...
UK Finance praises fraud prevention work of London Police’s DCPCU unit
City of London Police has revealed that its Dedicated Card and Payment Crime Unit (DCPCU) has prevented £85 million card and payment fraud during...
Digesting the Digits – UK GGY falls, Kroo raises £17.7m to...
The world of payments is constantly evolving and staying up to date with the latest developments can provide a significant challenge.
However, at Payment Expert...
UK Finance outlines ambitious 10 year strategy for payments industry
As the UK payment sector continues to evolve and adapt, members of UK Finance outlined an ambitious ten-year strategy for the payments industry with...
