Confirmation of Payee - PSR's response to Call For Views
Issue 187 Online Edition | 21 October 2021
Today (21 October 2021), the Payment Systems Regulator has published their findings from the call for views issued in May 2021 about Confirmation of Payee (CoP).
Introduction
APP scams and accidentally misdirected payments can cause significant harm to consumers. Confirmation of Payee (CoP) is a service that aims to prevent certain types of scams and misd…
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