The FCA’s new safeguarding reforms strengthen consumer protection in payments and e-money sectors. This article outlines key changes and steps firms must take to comply.
New rules mandate automatic reimbursement for APP fraud victims, raising concerns about industry costs and fraud exploitation.
The PSR has lowered the APP fraud reimbursement cap to £85,000, raising concerns over fraud prevention
A surge in current account switching is being driven by cash incentives, economic pressures, and the rise of digital banking.
Flawed assumptions in CBDC designs around accounts, wallet control, and privacy call for a more innovative, privacy-focused approach.
Merchants face new challenges as payment innovations like open banking and tokenisation reshape the industry.
