Mastercard and Visa raising fees but not improving quality, watchdog warns The Payment Systems Regulator said it has provisionally concluded the cards market is not working well. The Independent UK · May 21, 2024
New requirements to reimburse victims of bank transfer scams set out The new consumer protections against authorised push payment fraud will come into force from October 7 2024. The Independent UK · Dec 19, 2023
Banks’ performance in dealing with APP scam victims revealed by regulator The Payment Systems Regulator said there are inconsistent outcomes for customers who report an APP scam to their bank or building society. The Independent UK · Oct 31, 2023
Banks will be required to reimburse APP scam victims from next year Most victims of authorised push payment fraud will be reimbursed within five business days, the Payment Systems Regulator said. The Independent UK · Jun 7, 2023