The Payments Association

5 results about this entity

Period: 27 Jun 2023 - 11 Jul 2024

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UK Economic Secretary Tulip Siddiq called on to reduce APP fraud reimbursement to £30k

/crime

UK Economic Secretary Tulip Siddiq called on to reduce APP fraud reimbursement to £30k

This news comes a week after the UK payments group issued a plea to Chancellor Rachel Reeves to impose a 'Tech Levy' on social media giants to pay for the impact of payments fraud originating from their platforms.

UK Payments Association calls on new PSR chief to delay APP fraud rules

/regulation

UK Payments Association calls on new PSR chief to delay APP fraud rules

The UK payments industry has called on the new interim Payment Systems Regulator (PSR) chief to postpone the implementation of new APP fraud rules by a year, warning that failure to do so could lead to "permanent damage" to the sector.

UK payment firms push back on APP fraud refund plan

/regulation

UK payment firms push back on APP fraud refund plan

Payments firms are calling for a rethink of UK plans to protect victims of APP fraud, arguing that a refund cap of £415,000 will hurt smaller providers.

/payments

Brite Payments joins the Payment Association

Brite Payments, a leader in instant bank payments, today announced that it has joined The Payments Association EU as a Patron Member.

Payments Association warns UK govt on APP fraud plans

/payments

Payments Association warns UK govt on APP fraud plans

The Payments Association has written to the UK government warning of the “unintended consequences” of new policies designed to reduce Authorised Push Payments (APP) fraud.

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