Tag: authorised push payment

March 30, 2017 BY Valentina Kirilova

UK regulator PSR issues final proposals to tackle push payment scams

The Payment Systems Regulator (PSR), the economic regulator for the £75 trillion UK payment systems industry, announced the start of a concerted and coordinated industry-wide effort to tackle payment scams back in December 2016. Following its consultation into the potential role of payment system operators (PSOs) in minimising the consumer harm caused by authorised push payment…

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