UK Fraud Reimbursement Platform Sees Slow Adoption by Financial Institutions

pymnts.com/news/security-and-risk/2025/uk-fraud-reimbursement-platform-sees-slow-adoption-by-financial-institutions

Banks and payment companies have been slow to adopt a new platform in the U.K. that is meant to streamline the reimbursement of consumers who have fallen victim to online fraud.
Since its launch last October, the platform run by Pay.UK for the Payment Systems Regulator (PSR) has…

This story appeared on pymnts.com, 2025-02-25 23:57:17.
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