Faster Payments System news and trends

Hong Kong’s New Faster Payment System Marred By Fraud Claims
B2B Payments // October 26, 2018

Hong Kong’s Faster Payments System (FSP) has only been live for a few weeks, but already it’s facing claims regarding allegations of fraudulent use. Reports in ejinsight on Thursday (Oct. 25) said the Hong Kong Monetary Authority (HKMA) has received three complaints that the FSP...