by admin | Jan 19, 2025 | Uncategorized
Principal Card Scheme memberships with providers like Visa, Mastercard and China UnionPay are the best way to take control of your payment service products. But what it takes to get access to these schemes is often seen as a mystery. Unlike most questions, getting a...
by admin | Oct 1, 2024 | Uncategorized
On 7 October 2024, the UK’s financial landscape will undergo a seismic shift with the introduction of the Authorised Push Payment (APP) fraud reimbursement rules.These new regulations, led by the Payment Systems Regulator (PSR), will impose mandatory reimbursement...
by admin | Sep 27, 2024 | Uncategorized
In response to growing concerns about safeguarding practices in the payments and e-money sector, the Financial Conduct Authority (FCA) has published a detailed consultation paper (CP24/20), proposing significant changes aimed at enhancing consumer protection, raising...
by admin | Sep 12, 2024 | Uncategorized
In a recent letter from the FCA, sent on 1st August 2024, some payments and Emoney firms were reminded of their responsibilities regarding Suspicious Activity Reporting (SAR). As financial crime continues to evolve, regulators have stressed that firms in the payments...
by admin | Aug 8, 2024 | Uncategorized
Anti-Money Laundering (AML) audits are essential for ensuring that your Payment Services or Emoney firm retains both its licence and its banking relationships. A critical component of these audits is the proper documentation and evidence of internal policies and...
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