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Plenitude discuss APP Reimbursement Rules with Threat Fabric

04 October 2024

Plenitude discuss APP Reimbursement Rules with Threat Fabric

With the APP Reimbursement Rules now in force, Plenitude’s Head of Fraud, Chris Bone spoke with Threat Fabric

 

In this episode, Chris discusses:

  • Unpacking the new Payment Service Regulator (PSR) Reimbursement law and its objectives;
  • How the law will change the landscape of Authorised Push Payment (APP) fraud reimbursement, including the 50:50 cost sharing model, reimbursement cap, and five day timeframe
  • Key requirements for financial institutions in the UK to remain compliant;
  • Practical tips on how firms can enhance their fraud prevention measures; and
  • Global takeaways and impacts of the new UK rules.

✅ Listen to the Threat Fabric podcast episode here: https://www.threatfabric.com/blogs/fusion-fireside-special-psr-edition-with-our-guest-chris-bone?utm_campaign=Fusion%20Fireside&utm_content=310234197&utm_medium=social&utm_source=linkedin&hss_channel=lcp-28590268