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Payment Systems Regulator New Proposal Gives APP Fraud Victims a Chance at Recovering Funds

October 7, 2022


Salv commends the move by the PSR, which is expected to incentivise banks to focus more on protecting consumers against fraud.

The regtech knows that it is possible to establish proper control mechanisms against APP fraud: the company’s proprietary collaborative crime-fighting network and platform, Bridge, built in close collaboration with banks and regulators, has been proven to be effective against APP fraud, sanctions, and money laundering.

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