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Top News In Faster Payments Today - Breaking & Trending Today

Seattle Bank: Small bank, big decisions - Vimarsana News

Seattle Bank: Small bank, big decisions

Josh Williams, chief banking officer for Seattle Bank, explains how changes in payments technology will affect smaller institutions.

Banks will be required to reimburse APP scam victims from next year - Vimarsana News

Banks will be required to reimburse APP scam victims from next year

Most victims of authorised push payment fraud will be reimbursed within five business days, the Payment Systems Regulator said.

UK's payments regulator lays down mandatory reimbursements in APP fraud victims - Vimarsana News

UK's payments regulator lays down mandatory reimbursements in APP fraud victims

(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

Payments regulator makes APP fraud reimbursement mandatory - Vimarsana News

Payments regulator makes APP fraud reimbursement mandatory

UK payments regulator confirms changes to rules around repaying customers who lose money to authorised push payment (APP) fraudsters.

Watchdog sets out new rules to reimburse APP fraud victims in 'world first' - Vimarsana News

Watchdog sets out new rules to reimburse APP fraud victims in 'world first'

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. 

Source: cityam.com