Credit: Pungu x / Shutterstock The Payment Systems Regulator (PSR) has clarified the reasoning behind a review of its authorised push payment fraud (APP fraud) reimbursement policy. However, it has not confirmed…
Category: Security
PSR may cut reimbursement rate but scale of APP fraud remains worrying
Credit: AntonKhrupinArt / Shutterstock The Payments Systems Regulator (PSR) is apparently going to water down its incoming rules around authorised push payment fraud (APP fraud) reimbursement. APP fraud is when customers authorise…
Industry Certification at No Cost with SBC Summit’s Exclusive Masterclasses
SBC Summit is set to provide attendees with the opportunity to engage in masterclasses and earn a certification at no cost, strengthening the event’s conference program for maximum attendee benefit. The Masterclasses…
Mastercard unveils payment passkey in line with biometric vision
Image licensed by Shutterstock.com Mastercard is rolling out its Payment Passkey Service worldwide, part of the global payments firm’s ambitions to make greater use of biometrics. The US-based company announced the news…
SBC Summit Launches Media Headquarters for 2024 Event
The SBC Summit in Lisbon is set to elevate media engagement with the introduction of a dedicated Media Headquarters, designed to serve as a central hub where representatives from operators, suppliers, and…
FreedomPay: AI-Powered Retail – The Competitive Edge You Can’t Ignore
Artificial Intelligence is having a profound impact on a range of industries, but how can its ever-evolving models benefit the retail for customers and merchants alike? Kevin Carson, SVP of FreedomPay, outlines…
UKGC maps out initial scope and objectives of finance risk check pilot
Credit: Ralf Liebhold / Shutterstock The UK Gambling Commission (UKGC) has provided clarity on how its pilot of finance risk checks, also known as affordability checks, will pan out. Finance risk checks…
George Haralabopoulos, Kaizen Gaming: the crucial payments factors for the betting industry
Accessibility, convenience, security and emerging technologies are vital payment factors for companies to consider, says George Haralabopoulos, Head of Payments Product at Kaizen Gaming, a multi-national betting and gaming group. Haralabopoulos, who…
Durov arrest showcases Telegram exposure to illicit gambling
Credit: fn.artworks / Shutterstock The arrest and investigation of Pavel Valeryevich Durov, CEO of encrypted social media and messaging platform Telegram, has spiralled concerns related to the promotion of unlicensed crypto gambling…
JP Morgan Chase subject to cash sweep account lawsuit
credit: Shutterstock JP Morgan Chase has been hit with a lawsuit from a customer from Illinois over alleged “unreasonably” low interest rates shortchanging him on its cash sweep programme. Dan Bodea filed…