Filter news by category
Three quarters of businesses are not ready for Europe’s second Payment Services Directive (PSD2), a bobsguide poll conducted during a webinar last week demonstrates.
https://www.bobsguide.com/guide/news/2019/Jul/1/industry-not-ready-for-psd2-deadline/#.XRuzI2_3ihE.twitter
Fraudsters have been trying to trick consumers by using UK General's name.
Victims of a £10m currency firm collapse claim police and fraud investigators have refused to help them recover their money.
https://uk.finance.yahoo.com/news/people-lost-money-firm-collapse-havent-offered-help-011800420.html?soc_src=social-sh&soc_trk=tw&guccounter=1&guce_referrer=aHR0cHM6Ly90LmNvL0VLUDZqNlNWRnA&guce_referrer_sig=AQAAAKXCAqF7lsV2gJJTQbk3oTUzqqxxStbJWM6xJ5nWppH1JSFvkmRJHeoRwIrVQr4qoZELnRWEepC41QBXbriKfA_iDLbB2Cw4AQiUnCBrX9FL-6caGC7oEirI4DEwCAEiOQMV3AdvGN3UAMFkJWY7YknPcpwt8HK_2DNVqUwu2ynH
Payment Services Directive 2 – better known as PSD2 – has been a hot topic since it came into effect in January 2018, with the EU and many banks vigorously pursuing its development. Businesses have until September 2019 to ensure they are compliant. To that end, it’s time that we take a deep dive into PSD2. What is it, what has changed, and where are the opportunities?
https://www.finextra.com/blogposting/17438/psd2-what-is-it-and-what-does-it-mean-for-fraud
Gambling businesses and those who lead them need to improve the support they offer consumers who are at risk of harm and do more to guard against money laundering, a new report by the Gambling Commission has revealed today.
https://www.gamblingcommission.gov.uk/news-action-and-statistics/news/2019/201819-Enforcement-Report-%E2%80%93-operator-failures-lead-to-tough-action.aspx
Two men have been jailed over an investment scam which saw 350 victims lose £6.2m in boiler room companies.
https://www.ftadviser.com/regulation/2019/06/24/two-jailed-in-6-2m-boiler-room-fraud/
Police have arrested six people in the UK and the Netherlands in connection with the theft of cryptocurrency worth €24m
Spanish police have arrested 35 people allegedly involved in an international counterfeit bank card ring which laundered its profits using Bitcoin.
The exponential increase in non-cash transaction volumes and the ever-rising valuation and buyouts of payments groups reflect the incredible growth in cross-border and cross-channel commerce. Instant connectivity is redefining marketplace dynamics and its effect on the relationship between banks and merchants is undeniable.
https://www.bobsguide.com/guide/news/2019/Jun/25/for-issuers-and-acquirers-psd2s-impact-will-be-felt-differently/#.XRNkp-7-kLA.twitter
LONDON (Reuters) - Britain’s financial watchdog has fined Lloyds Banking Group 45.5 million pounds for failures to disclose suspicions of fraud at an HBOS branch in Reading, southern England.
https://uk.reuters.com/article/uk-britain-lloyds-probe/britains-lloyds-fined-58-million-for-hbos-fraud-failings-idUKKCN1TM0X4
Search articles by keyword
Midlands Fraud Forum Ltd. Reg.No: 06436330 Copyright © 2023 Disclaimer & Privacy Policy