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