Remove Payer Remove Push-to-Card Remove Request for Payment
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UK Watchdog Proposes Compensation Plan For Victims Of Push Payment Fraud

PYMNTS

Payments System Regulator (PSR) is taking steps to address the 100 payment scams hitting consumers and businesses every day. Banks don’t reimburse their consumer and business customers hit by such a scam, unlike reimbursements made for fraudulent payments on card products, reports in the Telegraph explained.

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Mastercard: Moving Beyond The Cards With Payment On Delivery, Online Bill Pay

PYMNTS

Adoption of any new payments service does not happen overnight. And when it comes to 24/7 real-time payments, adoption by businesses, and by consumers, will be pushed ahead use case by use case and transferring funds between accounts in minutes or seconds will gain traction. Tsunamis of change are built on waves.

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Real-Time Payments & Fraud – What Can be Done?

FICO

In my last post I wrote about the fraud and financial crime problems the USA is likely to encounter as real-time payments increase in both value and volume. In countries such as the UK, real-time payment schemes have been ubiquitous for many years. Don’t forget inbound payments. What Banks Can Do. Customer communications.