March 30, 2017 BY Valentina Kirilova
UK regulator PSR issues final proposals to tackle push payment scams
The Payment Systems Regulator (PSR), the economic regulator for the £75 trillion UK payment systems industry, announced the start of a concerted and coordinated industry-wide effort to tackle payment scams back in December 2016. Following its consultation into the potential role of payment system operators (PSOs) in minimising the consumer harm caused by authorised push payment…
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