Week In Brief - February 11, 2022
A short roundup of some of the week’s payments news you may have missed. This …
You Can Now Send £1m On Faster Payments
UK consumers and businesses can now use Faster Payments to make retail purchases of up …
Singapore Sets Out Fraud Payments Framework
Banks in Singapore have implemented substantial measures to bolster the security of digital banking that …
MEPs Cautiously Optimistic About EU Digital Identity Proposal
Members of the European Parliament (MEPs) have welcomed the EU’s proposal for electronic identification (eID), …
PSD3 Watch: MEP Raises Prospect Of New Fraud Prevention Measures
A Dutch member of the European Parliament (MEP) has probed the European Commission on the …
MPs Pile On Pressure For Government To Act On Fraud
A group of UK parliamentarians have called on the government to extend the powers of …
EU Payment Associations Raise Alarm About PSD2/GDPR Problems
Nine payments lobby groups have sent a joint letter to the EU’s regulators expressing their …
SCA Not Good Enough To Prevent Fraud, Portuguese Regulator Warns
Although strong customer authentication (SCA) rules are a good thing for reducing fraud, they will …
Social Media Scams Doubled In 2021, Warns FTC
Social media has become a gold mine for scammers in 2021, as data from the …