We use cookies to offer an improved online experience and offer you content and services adapted to your interests. By using our website or clicking “Accept”, you are agreeing to our Cookie Policy. If you do not wish to allow cookies please disable them in your browser settings. Cookie consent.

Proposal To Raise Cap On UK Faster Payments Brings Fraud Concerns


June 25, 2019

The UK's Payment Systems Regulator (PSR) has suggested that the upper limit for the country's real-time interbank fund transfer system could be raised to £20m, although experts are warning of the fraud risk that could accompany such liberalisation.

Read Article