The UK payments sector is balancing innovation with complex regulatory demands, including operational resilience, wind-down planning and APP fraud prevention.
The payments landscape is rapidly evolving in the UK. In this episode, host Paul Staples, Director at Grant Thornton, is joined by Paul Olukoya, Managing Director at Grant Thornton, Alison Kopra Director and guest Robert Courtneidge, Policy Advisor at The Payments Association. The experts delve into the latest trends in digital money, the regulatory challenges of stablecoins, the effectiveness of APP fraud reimbursement, and the future of safeguarding customer funds.
Use of AI in financial services is increasing – how can payment service providers leverage it to maximise opportunities and drive growth?
Clarity around the FCA’s authorised push payment (APP) Fraud 4-day payment delay rule has been released.
The regulator is urging payments firms to adopt Confirmation of Payee (CoP) to prevent APP fraud. We look at how firms can protect their customers and reduce fraud.
SWIFT has updated its Customer Security Controls Framework, and firms have until December to attest against it.
ISO 20022 is the new global language for payments and cash management messaging. How can you make migration easier?
The PSR aims to reduce barriers to digital payments but many remain hesitant. How can payment services move forward?
The SWIFT payment system is an attractive target for cyber attack. What are the risks and how can you overcome them?
Applying PSD2 's enhanced strong customer authentication (SCA) requirements is resulting in a few common challenges.
Do you understand the FCA's plans for customer protection around payments? This is what the regulator's telling us now.
Payment firms must implement ISO 20022 soon to maintain regulatory compliance. We look at the key challenges and what to consider in the near future.
