Articles with tag: uk finance

Found 9 results in 294 milliseconds.

UK-based Atom bank, SurePay partner for fraud prevention

News | Digital Identity, Security & Online Fraud | 21 Oct 2020

SurePay has announced the successful implementation of its UK Confirmation of Payee solution for app-based bank Atom bank

Atom bank, SurePay, fraud prevention, UK, Confirmation of Payee, Netherlands, payments, IBAN, Name Check, online payments, UK Finance, Open Banking Expo, banking fraud, internet fraud, impersonation scams, fraudster

UK Finance and Accenture release report, proposing next steps for open banking

News | Online & Mobile Banking | 19 Jun 2020

UK Finance, in association with Accenture, has set a future model for how the UK’s Open Banking can progress once the current implementation phase ends early 2021.

UK, UK Finance, open banking, Accenture, Competition and Markets Authority, CMA, banking, CMA9, banks, Payments UK

FCA delays SCA to 14 September 2021

News | Digital Identity, Security & Online Fraud | 04 May 2020

The UK's Financial Conduct Authority (FCA) has announced the delay of SCA’s introduction by another six months, amidst the major disruption being caused by the COVID-19 pandemic.

FCA, SCA, UK Finance, EBA, PSD2, regulation

Limit for contactless spending in the UK to rise to GBP 45

News | Cards | 25 Mar 2020

The UK Finance industry association has announced it will raise the spending limit for contactless card payments from GBP 30 to GBP 45 in April 2020.

UK, contactless payments, cards, POS, UK Finance, retailers

Scammers stole GBP 1.2 bln from British bank customers in 2018

News | Digital Identity, Security & Online Fraud | 25 Mar 2019

Official data from UK Finance has revealed that scammers stole GBP 1.2 billion from UK bank customers in 2018 with a near-500% leap in counterfeit cheque fraud.

UK Finance, banking, data breaches, cheque fraud

Contactless payments adoption increases in the UK

News | Cards | 19 Mar 2019

UK Finance has released data showing that more than 40% of all debit and credit transactions in the UK were processed using contactless technology in 2018.

UK Finance, cards, contactless payments, the UK, debit card, credit card

Debit cards overpower cash as payment method in UK

News | Online Payments | 13 Aug 2018

Debit cards have overtaken cash as the most frequently used payment method in the UK, according to UK Finance.

debit cards, cash payments, payment method, UK Finance, contactless

UK Finance report urges financial companies to work together to fight cybercrime

News | Digital Identity, Security & Online Fraud | 23 Apr 2018

Britain’s financial companies need to work together to put cybercrime out of business, according to a report by UK Finance and KPMG.

UK Finance, KPMG, financial companies, cyberattacks, cybercriminals, fraud prevention, online security, banks

GBP 236 mln lost through authorised push payment frauds

News | Digital Identity, Security & Online Fraud | 26 Mar 2018

The trade body UK Finance has revealed that businesses and consumers lost GBP 236 million in 2017 through authorised push payment (APP) frauds.

APP fraud, report, UK Finance, banking fraud, payment card fraud