Tag: Payments

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 (ECB) has issued a public consultation regarding its new regulation on payments statistics.

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).

Mobile device and app security platform Trustonic has completed the EMVCo software-based mobile payments security evaluation process.

China has reportedly released a set of new guidelines for the use of facial recognition payments which aim to reduce risks.

The UK’s Payment Systems Regulator (PSR) has asked for opinions regarding competition issues which could occur following the New Payments Architecture (NPA).

The Monetary Authority of Singapore (MAS) has launched the new Payment Services Act (PS Act) which bolsters consumer protections within electronic payments.

Australian Payments Network (AusPayNet) has revealed the incidents of card fraud has decreased by 6.9%.

Payments company Telleroo has enlisted RegTech enterprise Moorwand to help streamline and simplify its services.

The European Banking Authority (EBA) have released new guidelines for the mitigation and management of information and communication technology (ICT) and security risks.