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How will the UK banking ecosystem evolve as a result of mandatory PSR reimbursement?

Find out how the regulatory changes regarding mandatory reimbursement, driven by the payment systems regulator, will impact and shape the UK banking ecosystem.
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LexisNexis® Risk Solutions, TSB bank, and UKFinance discuss the impact of the PSR reimbursement requirement

The Payment Systems Regulator (PSR) announced updates to its legislation in a positive and bold move to aid the fight against APP fraud. The hope for the new PSR legislation is to make banks more determined to focus on improving security around payments.

Watch the webinar to find out how the financial ecosystem may change in the short and long term as a result of this initiative.

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The webinar explores…

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Transformation activity to to comply with and support timely reimbursements

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Balancing fraud prevention and risk appetites for screening outbound and inbound payments with a positive customer experience

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Who will be impacted the most by the liability shift?

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The potential reputational damage, and what is the answer

Speakers

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Speaker

Nuala Jackson

Director, Payments, at UK Finance

Nuala Jackson is Director of Payments at UK Finance, a strategic leadership role driving where she is responsible for driving co-ordination and collaboration across the industry to respond to the regulatory, legislative and industry change agenda for payments in the UK and Europe.

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Speaker

Rob Woods

Director, International Fraud Identity, at LexisNexis® Risk Solutions

Rob Woods is a senior expert for LexisNexis® Risk Solutions with a particular focus on fraud, identity, Authentication and biometrics. With more than a decade in threat readiness and fraud prevention, Rob is a leading industry expert on this topic.

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Speaker

Paul Davis

Fraud and Financial Crime Prevention Director, at TSB Bank

Paul is the Fraud and Financial Crime Prevention Director at TSB, having worked in this area for 19 years including previous roles at Barclays and Lloyds Banking Group. Whilst TSB is noted for its approach to the reimbursement of scam victims, Paul’s main interest is in how fraud can be prevented from occurring in the first place.

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