PSR Reimbursement Proposals Around APP Scams has UK Banks on High Alert

Nearly £250 million was lost to APP scams in the first half of 2022 in the UK alone. If the proposals are approved how much will be lost in 2023? How will the proposed liability splits work between the sending and receiving banks involved? Will the proposals have a knock-on impact on wider European banks further down the line?

Learn strategies for banks to consider when mitigating the proposed liability shifts and how technologies such as device intelligence and behavioural insights can help.