I was pleased to see the latest publication from the Payments Systems Regulator providing a more balanced model for compensating those impacted by Authorised Push Payment (APP) Fraud. Going forward, the compensation will, in most situations, be split between the remitting bank (i.e. the payers bank) and the beneficiary bank (i.e. the bank who is …
Authorised Push Payment Fraud Compensation Model Read More »
Hot off the press – Pay.uk have today (2 March 2022) published their strategy document ‘Our foundation for the future 2021-2026’. It details their purpose, vision and strategic goals, which they state “will help us continue to keep the UK at the forefront of the global payments industry”. The Payment Business and Academy keeping you advised …
The purpose of payments fundamentals course is to provide you with the principles and keys to understand and study any payment system. It contains 11 modules and students generally need between 12 and 15 hours to complete it. Each module presents and explains key concepts to understand payments and the payments industry. This online course …