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The Payments Newsletter including Digital Assets & Blockchain, May 2024 | Hogan Lovells

The Payments Newsletter including Digital Assets & Blockchain, May 2024 | Hogan Lovells
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Draft UK Legislation to Address Push Payment Fraud | Shearman & Sterling LLP

Draft UK Legislation to Address Push Payment Fraud | Shearman & Sterling LLP
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APP fraud mandatory reimbursement: UK PSR publishes final policy for 7 October 2024 go live date | Hogan Lovells

On 19 December 2023, the Payment Systems Regulator (PSR) published its final policy statement on fighting authorised push payment (APP) scams alongside three legal instruments that will. ....

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UK's Payment Systems Regulator Confirms Reimbursement Requirement Which Will Prompt Step-Change In Fraud Prevention

UK's Payment Systems Regulator Confirms Reimbursement Requirement Which Will Prompt Step-Change In Fraud Prevention
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United Kingdom , Chris Hemsley , Financial Ombudsman Service , Payment Systems Regulator , Pay United Kingdom , Faster Payments Scheme ,

Banks to reimburse up to £415,000 per APP fraud claim

People tricked into transferring money to scammers will be able to receive up to £415,000 back, under requirements coming in 2024. ....

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