Seattle Bank: Small bank, big decisions
Josh Williams, chief banking officer for Seattle Bank, explains how changes in payments technology will affect smaller institutions.
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Josh Williams, chief banking officer for Seattle Bank, explains how changes in payments technology will affect smaller institutions.
Most victims of authorised push payment fraud will be reimbursed within five business days, the Payment Systems Regulator said.
(Adds details of norms in paragraphs 4 & 5, background on APP fraud in paragraphs 2 & 7, comment from Pay.UK in paragraph 6) June 7 (Reuters) - Britain's Payment Systems Regulator (PSR) said on Wednesday it has made it... | 03:12am
UK payments regulator confirms changes to rules around repaying customers who lose money to authorised push payment (APP) fraudsters.
The Payment System Regulatory (PSR) has confirmed new rules that will force banks and payment companies to reimburse victims of authorised push payment (APP) fraud.