Webinar: New UK APP fraud scheme - managing the impact and mitigating the costs
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26 September 2023
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This summer, the Payment Systems Regulator (PSR) confirmed its new Authorised Push Payment (APP) fraud reimbursement requirements for payment firms.
The PSR wants these requirements to be in place on 2 April 2024, but expects industry to start work now to implement them.
This session provided an overview of the new requirements for firms to compensate consumers for APP fraud, considered areas of interpretation, and discussed the operational and contractual changes that payment firms may need to implement in order to both comply with the new regime and mitigate its impact.
Webinar: New UK APP fraud scheme - managing the impact and mitigating the costs