Fraud Reimbursement news and trends

UK’s Revolut Accuses Meta of ‘Woefully Short’ Effort in Battling Fraud
Security & Fraud // October 03, 2024

U.K. FinTech Revolut has reportedly criticized Meta’s approach to combating financial fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

British Banks Split on Charging Fraud Reimbursement Fees
Banking // September 30, 2024

British lenders are reportedly divided over whether to charge scam victims under new fraud reimbursement rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Report: UK Regulator Makes Massive Cut to Fraud Reimbursement Plan
Security & Fraud // September 04, 2024

The U.K.’s payment regulator is reportedly making a drastic cut to its fraud reimbursement plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

UK Regulator Reports ‘Broad Support’ for Reimbursing APP Fraud Victims
Security & Fraud // February 06, 2023

The U.K.’s payments regulator wants banks to reimburse victims of authorized push payment (APP) fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Quick Reads
UK Fraud Reimbursement Platform Sees Slow Adoption by Financial Institutions

February 25, 2025
Banks and payment companies have been slow to adopt a new platform in the U.K. that is meant to streamline the reimbursement of consumers who have fallen victim to online fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]

UK’s Revolut Accuses Meta of ‘Woefully Short’ Effort in Battling Fraud

October 03, 2024
U.K. FinTech Revolut has reportedly criticized Meta’s approach to combating financial fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

British Banks Split on Charging Fraud Reimbursement Fees

September 30, 2024
British lenders are reportedly divided over whether to charge scam victims under new fraud reimbursement rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Report: UK Regulator Makes Massive Cut to Fraud Reimbursement Plan

September 04, 2024
The U.K.’s payment regulator is reportedly making a drastic cut to its fraud reimbursement plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...