The British government is reportedly readying legislation for stablecoins and crypto staking, exchange and custody. “We are now working at pace to deliver the legislation to put...
The world’s cybercriminals all share one thing in common: they understand people can be exploited. After all, people make mistakes. They fall for scams, and...
Payment service providers are reportedly unlikely to challenge the claims that victims of authorized push payment (APP) fraud make under a soon-to-be-implemented rule in the...
Beyond the card networks, among those that may feel the squeeze should cross-border interchange fees see new caps in the United Kingdom are neobanks. As...
Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...
Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s...
The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...
The United Kingdom’s Supreme Court has reportedly ruled that customers are liable for fraud through their accounts when the bank carried out instructions expressly authorized...
Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. That’s according to Great Britain’s Payment Systems Regulator (PSR) which on Wednesday (June...