Authorized Push Payment Fraud Cases Surge 12% Annually - Infosecurity Magazine
UK Finance figures reveal romance, purchase and investment scams drove up authorised push payment fraud in 2023
Source: infosecurity-magazine.com
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APP fraud mandatory reimbursement: UK PSR consults on 'key' compliance and monitoring requirements | Hogan Lovells
On 17 April 2024, the Payment Systems Regulator (PSR) published a consultation on the data and information that payment service providers (PSPs) will be required to provide to Pay.UK to...
Source: jdsupra.com
Nationwide is DOWN: Banking app crashes for thousands of frustrated users across the UK
According to Down Detector, more than 2,000 customers across the country were affected by an outage at around 12pm BST on Friday.
Source: dailymail.co.uk
Virgin Money's takeover bid unveils hidden battle against fraudsters
As Virgin Money UK Plc enters into a takeover deal with Nationwide Building Society, a deeper story emerges.
Source: biznews.com
Coinbase partner ClearBank posts first full-year of profit
British fintech firm ClearBank swung to an £18.4 million ($23.3 million) pre-tax profit in the year ending Dec. 31, 2023, up from a £7.1 million loss in 2022.
Source: cnbc.com