UK regulator rejects call to delay to APP fraud reimbursement

The UK's Payments Systems Regulator (PSR) has rejected a 10 June plea from industry group the Payments Association for a year's delay to this autumn's start of mandatory reimbursement for victims of authorised push payment (APP) fraud.

By Sara Lewis

The UK's Payments Systems Regulator (PSR) has rejected a 10 June [2024] plea from industry group the Payments Association for a year's delay to this autumn's start of mandatory reimbursement for victims of authorised push payment (APP) fraud.