Payment Services Regulations:
Fireside chat with Innovate Finance
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PSR update for APP fraud
The UK Payments System Regulator's (PSR) revised position on reimbursing APP scam victims underlines the urgency for UK banks to promptly identify mule accounts.
However, it is not without its technological challenges. In this fireside chat, Adam Jackson, Director of Policy at Innovate Finance and Rob Woods, Director of Market Planning at LexisNexis® Risk Solutions explore:
- The key PSR-related challenges that banks face.
- How opportunistic fraudsters might exploit the new regulations moving forward.
- What firms can do to better protect themselves, and the role technology has to play.
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