Ying Lei Toh’s Post

Big challenges are coming up for payment service providers in the UK. With mandatory reimbursement for Authorized Push Payment (APP) scams, banks will be tested to find the right balance between security and user experience. Learn more from Jonathan Frost about the future of friction in payments: https://okt.to/eGREd6 #RiskManagement #UserExperience #BankingIndustry

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Big challenges are coming up for payment service providers in the UK. With mandatory reimbursement for Authorized Push Payment (APP) scams, banks will be tested to find the right balance between security and user experience. Learn more from Jonathan Frost about the future of friction in payments: https://okt.to/dpneyH #RiskManagement #UserExperience #BankingIndustry

Big challenges are coming up for payment service providers in the UK. With mandatory reimbursement for Authorized Push Payment (APP) scams, banks will be tested to find the right balance between security and user experience. Learn more from Jonathan Frost about the future of friction in payments: https://okt.to/EgWebx #RiskManagement #UserExperience #BankingIndustry

Big challenges are coming up for payment service providers in the UK. With mandatory reimbursement for Authorized Push Payment (APP) scams, banks will be tested to find the right balance between security and user experience. Learn more from Jonathan Frost about the future of friction in payments: https://okt.to/ehBWw3 #RiskManagement #UserExperience #BankingIndustry

Big challenges are coming up for payment service providers in the UK. With mandatory reimbursement for Authorized Push Payment (APP) scams, banks will be tested to find the right balance between security and user experience. Learn more from Jonathan Frost about the future of friction in payments: https://okt.to/FKxujt #RiskManagement #UserExperience #BankingIndustry

Big challenges are coming up for payment service providers in the UK. With mandatory reimbursement for Authorized Push Payment (APP) scams, banks will be tested to find the right balance between security and user experience. Learn more from Jonathan Frost about the future of friction in payments: https://okt.to/5H0nzG #RiskManagement #UserExperience #BankingIndustry

🔍 The latest figures released by the Payment Systems Regulator (PSR) provide valuable insights into the performance of payment firms in combating Authorised Push Payment (APP) scams and reimbursing victims in 2023. 📊 In its second annual report, the PSR presents data on three key areas: 1️⃣ Reimbursement to victims 2️⃣ Money sent from victims' accounts by each payment firm due to APP scams 3️⃣ Money received into fraudsters' accounts by each payment firm as a result of APP scams The report offers a comprehensive overview of the efforts and effectiveness of major banking groups in Great Britain and Northern Ireland.

🔍 The latest figures released by the Payment Systems Regulator (PSR) provide valuable insights into the performance of payment firms in combating Authorised Push Payment (APP) scams and reimbursing victims in 2023. 📊 In its second annual report, the PSR presents data on three key areas: 1️⃣ Reimbursement to victims 2️⃣ Money sent from victims' accounts by each payment firm due to APP scams 3️⃣ Money received into fraudsters' accounts by each payment firm as a result of APP scams The report offers a comprehensive overview of the efforts and effectiveness of major banking groups in Great Britain and Northern Ireland.

🔍 The latest figures released by the Payment Systems Regulator (PSR) provide valuable insights into the performance of payment firms in combating Authorised Push Payment (APP) scams and reimbursing victims in 2023. 📊 In its second annual report, the PSR presents data on three key areas: 1️⃣ Reimbursement to victims 2️⃣ Money sent from victims' accounts by each payment firm due to APP scams 3️⃣ Money received into fraudsters' accounts by each payment firm as a result of APP scams The report offers a comprehensive overview of the efforts and effectiveness of major banking groups in Great Britain and Northern Ireland.