The Payment Systems Regulator (PSR) confirms new requirements for banks and payment companies that will ensure more people than ever before will get their money back if they are a victim of Authorised Push Payment (APP) fraud; prompting more action to prevent these frauds from happening in the first place. This significant new level of protection is a world first in the battle against APP fraud. | www.psr.org.uk
How legislation, our decisions, rules and guidance fit together| www.psr.org.uk
In a significant step towards greater transparency, the PSR publishes annual data on payment firms’ APP scam performance.| www.psr.org.uk