Browsing: Payment Systems Regulator

HSBC has highlighted the need for tech firms to share the burden of reimbursing victims of fraud, stating that new…

The UK is introducing measures this autumn allowing banks to freeze large payments for up to four days to boost fraud prevention and reimburse APP fraud victims.

Complaints related to fraud have reached their highest level since early 2018, according to the UK’s Financial Ombudsman Service (FOS),…