09 Jan 25 @ 17:58
In an unusual about-turn, the UK’s Payment Systems Regulator (PSR) issued a statement confirming the implementation date for the APP fraud (Authorised Push Payments) protections to come into effect, and... read more
04 Sep 24 @ 09:39
The UK’s Payment Systems Regulator (PSR) is set to reduce the maximum compensation limit for APP fraud victims to £85,000, down from the originally proposed £415,000. This follows pressure from... read more
19 Aug 24 @ 13:18
Rachel Reeves, the UK Chancellor, is urging regulators to demonstrate how they are promoting the City’s competitiveness while safeguarding consumers. Reeves’ call comes as the Treasury raises concerns about a... read more
02 Jul 24 @ 16:12
Decision-makers from payments businesses across the UK have identified APP fraud (Authorised Push Payment) as the top threat to both their businesses and consumers. This is according to the first... read more
11 Jun 24 @ 13:33
Yesterday, industry body The Payments Association called on the incoming head of the Payments Systems Regulator (PSR) to delay activating new APP fraud regulations around reimbursements. The association highlighted the... read more
09 Feb 24 @ 13:46
Recently we discussed in a webinar with Visa the growing issue of APP fraud across Europe and the mandatory reimbursement of consumers that is soon to be implemented by regulators... read more
06 Dec 23 @ 11:18
APP fraud (Authorized Push Payment ) losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by... read more
31 Oct 23 @ 14:00
The UK’s Payment Systems Regulator (PSR) has published its first APP fraud and scams performance report. Authorised push payment (APP) fraud happens when a fraudster tricks someone into sending a... read more
25 Oct 23 @ 12:28
APP fraud (Authorised Push Payment) losses continued to be driven by the abuse of online platforms and telecommunications. Criminals commit investment scams advertised on search engines and social media, romance scams... read more
17 Nov 22 @ 14:02
APP fraud (Authorised Push Payment) losses are on the rise and expected to climb to $5.25 billion across the US, UK and India by 2026 — a record CAGR of 21%... read more
09 Mar 22 @ 16:56
Which? A consumer rights and protection website has analysed new data and says that every hour, APP fraud (Authorised push payment fraud) victims lose more money than the average UK... read more
23 Sep 21 @ 15:08
The latest fraud figures released by UK Finance show the scale of the fraud problem in payments is only growing, despite the efforts of the banking and finance industry. In... read more
16 Jun 26 @ 18:17
Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and raising fresh questions about whether current... read more
31 Mar 26 @ 19:08
The Payments Association has escalated pressure on ministers and regulators to confront what it describes as a structural failure at the heart of the UK’s fraud regime: the platforms where... read more
29 Mar 26 @ 18:28
The Payments Systems Regulator sets out 2026/27 agenda with card fees, APP fraud and Open Banking in its sights. The UK’s payments industry faces another year of heavy regulatory intervention... read more
20 Feb 26 @ 19:10
The UK’s payments watchdog has imposed a £3.78m penalty on Bank of Ireland UK after the lender failed to meet the regulatory deadline for implementing Confirmation of Payee (CoP), a... read more
28 Jan 26 @ 21:23
Open Banking has long been promoted as a safer, more controlled alternative to legacy payment rails. New evidence from Open Banking Limited’s latest financial crime update reinforces that claim —... read more
12 Sep 25 @ 14:19
Real-time payments have long been heralded as the future of money movement in the US and many other global markets. With the RTP network from The Clearing House and the... read more
04 Aug 25 @ 09:00
A new report from digital payments innovators Checkout.com reveals the trends shaping the future of payments – trends we cover in an earlier article. Checkout.com’s research has found that many markets world-wide are going... read more
11 Jun 25 @ 12:55
As the epidemic of online fraud escalates, it is increasingly clear that the financial services sector alone cannot – and should not – be expected to shoulder the entire burden... read more
16 Jun 26 @ 18:17
Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more
11 Jun 26 @ 16:00
A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more
18 May 26 @ 17:07
The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more