Tag: Payments
Anti-fraud company Vesta said to close $125m in funding round
Anti-fraud company Vesta has reportedly secured $125m in a funding round to support its global expansion initiatives.
FCA wants payment firms’ advice on how to best protect their...
The Financial Conduct Authority (FCA) has made another initiative to protect financial customers, this time by asking payment firms for their insights.
Losses from APP fraud increases in 2019
While the banking and finance industry prevented more than £1.8bn in fraud during 2019 in the UK, the amount lost through authorised push payments (APP) scams increased to £465m.
The European Central Bank seeks advice on new payments statistics regulation
The European Central Bank (ECB) has issued a public consultation regarding its new regulation on payments statistics.
Pay.UK launches consultation for new payment standard
Pay.UK, a retail payment authority, has released the consultation on the best approach on the clearing and settlement capability of the New Payments Architecture (NPA).
Trustonic receives security certificate for payments system
Mobile device and app security platform Trustonic has completed the EMVCo software-based mobile payments security evaluation process.
China releases guidelines for facial recognition payments
China has reportedly released a set of new guidelines for the use of facial recognition payments which aim to reduce risks.
Payment Systems Regulator calls for opinions on regulation changes
The UK’s Payment Systems Regulator (PSR) has asked for opinions regarding competition issues which could occur following the New Payments Architecture (NPA).
Singapore introduces new payment regulation
The Monetary Authority of Singapore (MAS) has launched the new Payment Services Act (PS Act) which bolsters consumer protections within electronic payments.
AusPayNet reveals the number of card fraud incidents is declining
Australian Payments Network (AusPayNet) has revealed the incidents of card fraud has decreased by 6.9%.
