Fraud: Facts and Future for League Tables, Refunds, Liability

Is Your Bank Ready for PSR Regulation?

As the PSR (Payment Systems Regulator) tightens its grip to counter authorized push payment (APP) fraud in the UK, banks and payment firms must reimburse victims within five days. What does this mean for financial stability, considering fraud constitutes 40% of all crimes in the UK?

Tune in to watch our expert panel as they delve into the upcoming PSR regulation. As a bonus, they’ll also share critical insights from the UKF Annual Fraud Report.

In this recorded webinar, the panel explores innovative strategies to mitigate fraud risks and engages in thought-provoking discussions about what data banks and other institutions can collectively gather and/or share. This ensures consumers get the most out of the proposed measures, including league tables, mandatory refunds, and shared liability.

Key Takeaways:

• Unlock in-depth insights into the UK Fraud Report’s crucial findings
• Gain a 360-degree view of the PSR Regulation and its potential consequences
• Analyze upcoming shifts in the financial sector’s approach to fraud under PSR guidelines.
• Discover collaborative efforts necessary to protect banks and consumers against fraud.

Stay ahead, stay informed. Equip yourself with the knowledge you need to navigate the evolving landscape of fraud and financial security.

Expert panel: