Tag: APP fraud

PSR advances fight against APP fraud with new consultations

The Payment Systems Regulator (PSR) is progressing in its fight against APP fraud by introducing two consultations. 

UK’s PSR sets £415,000 maximum for APP fraud claims

The UK's PSR has unveiled plans to establish a maximum reimbursement level of £415,000 for victims of APP fraud.

Is authorised push payment fraud the biggest threat to FinTechs?

A recent whitepaper released by Resistant AI discussed why authorised push payment fraud (APP) is the greatest threat to FinTechs today. 

Is UK FinTech landscape under threat due to proposed fraud regulations?

The Payments Association has expressed concerns over the UK's proposed measures to address fraud which totalled £485m in 2021.

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