Impersonation frauds (professional and family) Kate Fitzgerald, PSR’s Head of Policy, explains that by publishing this data they seek to drive “real change” adding that preventing scams before they happen is the best way to protect consumers. Silvija Kurpena, Dire...
Addressing payment fraud is a crucial aspect of safeguarding the financial ecosystem and protecting consumers from malicious activities. The Payment Services Regulation (PSR) proposal introduces a comprehensive set of anti-fraud measures to tackle the growing challenges of payment fraud, reflecting the eve...
If that wasn’t enough to contend with, European PSPs must also consider the upcoming PSD3 & European Payment Services Regulation (PSR). The PSR5 promises to bring in the requirement for EU PSPs to refund consumer victims of a defined scope of authorised frauds or scams. Article ...
Services Banking and Finance Financial Services Regulation Industries Financial Services Key contacts Clint Dempsey Partner Dubai, United Arab Emirates Trevor Dolan Partner Dublin, Ireland Richard Jones Partner United Kingdom Rhys McWhirter Partner Hong Kong SAR, Asia Brian M. Murphy Partner Atlan...
On the 28th of June 2023, The European Commission published the Third Payment Services Directive (PSD3) and a Payment Services Regulation (PSR). PSD3 is seen to improve and enhance consumer protection measures in the payments sector. This Directive looks to tackle new types of fraud, in parti...
In addition to the PSR’s rule, the Financial Conduct Authority (FCA)recently amended the Payment Services Regulations 2017, enabling payment service providers (PSPs) to delay the execution of outbound payment transactions made through the Faster Payment Service by up to four business days if they...
Movement Chargeback Fraud Policy Abuse Content Scams By Industry E-Commerce Internet & Software Fintech iGaming Travel & Transportation Marketplaces Food & Delivery By Role Fraud & Compliance Product IT Operations Cybersecurity CFO By Regulation PSD2 + SCA PSD3 + PSR Professional Services Risk ...
PSD2 is an EU regulation that mandates Strong Customer Authentication for online payments, requiring a one-time passcode or confirmation via the PayPal app.
The regulating services of cropland generally include the generation and maintenance of ecological balance, biological diversity protection, climate regulation, nutrient storage, cycling, etc. [21]. Cultural value: The cultural value refers to the value of cultural services derived from cropland. Crop...