Mangopay Executive Comments on APP Fraud Regulation, Expect More Claims from Consumers
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According to the UK Payment Systems Regulator (PSR), in 2023, approximately 4.5 billion transactions were made using the Faster Payments system. At the same time, over 252,626 cases of APP Fraud (APPF or authorized push payment fraud) were reported, totaling around £341 million. Other reports… Read More
Read more in: Fintech, Featured Headlines, Global, Politics, Legal & Regulation | Tagged app fraud, appf, fraud, mangopay, payments, payments systems regulator, psr, uk, united kingdom