Payment Services Regulations – How Will the Uk Banking Sector Evolve? 2023 | UK Finance | 26 September 2023 | Online
Venue
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| Event Date |
Wed Sep 27 BST (about 1 year ago)
In your timezone (EST): Tue Sep 26 7:00pm - Tue Sep 26 7:00pm |
| Location | Online |
| Region | EMEA |
Details
It has recently announced updates to its legislation in a positive and bold move to aid the fight against APP fraud.
The announcement has put the onus on the banks to solve the issue, a contradiction to a recent LexisNexis® Risk Solutions survey which indicated that 94 per cent of financial services providers think fraud prevention should be taught as part of the National Curriculum to help customers protect their money from scammers. Fundamentally, the new legislation will cause the smaller challenger banks to be more conscious since they have a higher percentage of mule accounts per genuine customer; it is imperative that the entire ecosystem is supported and informed to ensure that financially excluded individuals are not marginalised in the process, further than they already may be.
Speakers
2023 Speakers
Rob Woods
Director, International Fraud & Identity, LexisNexis® Risk Solutions
Nuala Jackson
Director, Payments, UK Finance
Sponsors & Partners
2023 Sponsor
FEATURED SPONSOR:
• LexisNexis® Risk Solutions