Waiting Period news and trends

UK Regulators Want First-Time Payments Delay To Avert Fraudsters

November 01, 2019
Parliament Treasury Select Committee, first time payments, waiting period, fraud, news
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UK Regulators Want First-Time Payments Delay To Avert Fraudsters

November 01, 2019
U.K. legislators are calling for a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud, Reuters reported on Friday (Nov. 1). 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 […]