Payments:Unpacked

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Preventing fraud and misdirected payments

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Preventing fraud and misdirected payments

Issue 344 | 18 June 2022

Jun 18, 2022
∙ Paid
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Recently Pay.UK announced that the UK’s Confirmation of Payee (CoP) service had processed more than a billion messages. CoP provides an important tool in the ongoing fight against fraud to millions of personal and business bank account customers across the UK.

The Payment Systems Regulator (PSR) published a consultation that sets out how the regulator wi…

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