Key Insights from the UK Finance Half Year Fraud Report 2025
November 27, 2025
Fraud remains one of the biggest threats to the UK’s financial sector. The latest UK Finance Fraud Report for the first half of 2025 shows
Tag: APP Fraud
Fraud in 2024: A Continued Threat to Financial Security
June 20, 2025
Fraud is still one of the biggest challenges to the UK’s financial system, with more than £1 billion being taken through payment fraud in 2024
PSR delays regulatory requirements for Reimbursement Claims Management System (RCMS)
February 13, 2025
The Payment Systems Regulator (PSR) has issued an important update regarding the implementation of the Reimbursement Claims Management System (RCMS). Originally planned for May 2025,
How fraudsters target UK consumers in the digital age
December 24, 2024
In today’s increasingly digital world, fraudsters continue to adapt and exploit vulnerabilities, with Authorised Push Payment (APP) scams posing one of the most significant threats
UK mobile networks and banks unite to combat APP fraud
November 7, 2024
In a significant step to address the rising issue of Authorised Push Payment (APP) fraud in the UK, GSMA and UK Finance have developed a
UK Finance Fraud Report: key insights from the first half of 2024
October 22, 2024
Fraud remains one of the biggest challenges facing the UK’s financial sector. The latest UK Finance Fraud Report for the first half of 2024 reveals
FCA Dear CEO letters outline APP fraud reimbursement expectations
October 10, 2024
The Financial Conduct Authority (FCA) has issued two significant “Dear CEO” letters, marking the implementation of the new requirements for reimbursing victims of Authorised Push
PSR confirms APP scam reimbursement decision
September 26, 2024
On September 25th, the Payment Systems Regulator (PSR) confirmed its decision on the maximum reimbursement limit for victims of Authorised Push Payment (APP) scams. Starting
PSR confirms APP scam protection updates and consults on high-value fraud cap
September 11, 2024
The Payment Systems Regulator (PSR) has set a crucial date of 7 October 2024 for implementing new protections against Authorised Push Payment (APP) scams, reaffirming
Extra time for payment service providers to investigate fraud
April 8, 2024
On March 12, 2024, HM Treasury announced its proposal for the Payment Services (Amendment) Regulations 2024. These new regulations aim to empower PSPs with more