Payment Systems Regulatior news and trends

British Payments Sector Protests Fraud Reimbursement Rules

May 15, 2024
PSR. Payment Systems Regulator
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British Payments Sector Protests Fraud Reimbursement Rules

May 15, 2024
The U.K. payments sector is protesting the government’s plan to have companies reimburse fraud victims. Dozens of members of the Payments Association have written to the British economic secretary to the Treasury, Bim Afolami, to push back against the rules, Bloomberg News reported, citing a draft of the letter set to be sent Wednesday (May […]