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UK, United Kingdom, PSR, Payments Systems Regulator, Confirmation of Payee, CoP, bank transfers, banking groups, Lloyds, Bank of Scotland, Halifax, Royal Bank of Scotland, NatWest, Ulster Bank, HSBC, First Direct, Barclays, Santander, Nationwide, payments , TSB, Authorised Push Payment, APP scams
FCA, PSR, Financial Conduct Authority, Payment Systems Regulator, access to cash, banks, COVID-19, coronavirus, Link, UK
The UK Payment Systems Regulator (PSR) has published a policy statement which requires payment service providers to implement the Confirmation of Payee system by March 31, 2020.
UK Payment Systems Regulator, PSR, payments , banking, fintech, UK, payment service providers, Confirmation of Payee, PSP
A new industry code has come into force improving protection for people who fall victim to Authorised Push Payment (APP) scams.
Authorised Push Payment, APP scams, UK, banks, customer protection, fraud prevention, Barclays, HSBC, Metro Bank, Payment Systems Regulator, PSR