Exploding Myths on APP Fraud and Understanding Where We Are – Webinar with the PSR

With the new rules from the PSR requiring PSPs to reimburse customers who have been scammed arriving in October 2024, The Payments Association has undertaken a survey to discover what Payment Service Providers (PSPs) think may be their impact, and to consider what the rules may mean for investment, innovation, employment and competition.

The Payment Systems Regulator (PSR) has invited The Payments Associations network to join a 90 minute discussion about the findings of the survey, explore issues the market may not be fully understaning and, in light of the first 2 months of the new rules, to discuss what is happening on the ground.

Join for the opportunity to hear how PSPs are reacting to the rules, as well as what the PSR thinks we should do in light of the findings. Key discussion points will include:

• Early observations on the new reimbursement rules
• The £85k limit – what does this mean for larger frauds?
• Where liability should sit in a chain of financial services organisations
• How the new rules could affect UK attractiveness for Fintechs

The conversation will also be shaped by your questions – please send to [email protected]. There will also be a live Q&A on the day.

Moderated by: David Parker, Lead Ambassador, The Payments Association

Speakers: Kate Fitzgerald, Head of Policy, Payment Systems Regulator and Chris Hill, Partner, Fox Williams