Skip to content
Animated Pay.UK Logo Home Button
  • About Us
        • Strategy
        • Advisory councils and senior engagement groups
          • End User Advisory Council
          • Industry Advisory Council
        • Organisation
          • Pay.UK Board
          • Executive Team
          • Guarantors
            • Our Guarantors
            • Why become a Guarantor
            • Application Process
        • Corporate Information
        • Heritage
  • Our Work
        • Payment Systems
          • Access to Payment Systems
            • Direct Access
            • Indirect Access
            • Code of conduct for indirect access providers
            • Getting Started
            • Sort Code Information
              • Sort codes for use outside of UK
          • Bacs Payment System
            • Bacs Direct Participation
            • Bacs Participants
            • Bacs Payment System statistics
          • Faster Payment System
            • How Faster Payments work
            • Types of Faster Payment transactions
            • Transaction Limits
            • Faster Payment Participation
            • Faster Payment Participants
            • Faster Payment System ISO20022 standards library
            • Faster Payment System statistics
          • Image Clearing System
            • Image Clearing Participation
            • Image Clearing System contractual framework
            • Image Clearing Participants
            • Image Clearing System statistics
        • Payment Statistics
        • Switching Services
          • Current Account Switch Service
            • Current Account Switch Service eligibility criteria
            • Current Account Switch Service statistics
          • Payment Transfer Service
            • Payment Transfer Service eligibility criteria
          • Cash ISA Transfer Service
            • Cash ISA Transfer Service eligibility criteria
          • Bulk Payment Redirection Service
        • Standards Authority
          • Standards Overview
          • Standards Framework
            • Changing an Existing Standard
            • Developing a New Standard
          • Accessing Standards
          • Our Team
          • ISO 20022
          • Obtaining a Standard or Identifier Number
            • Issuer Identification Number
            • Registered Identification Number
        • Industry Services
          • Biller Update Service
            • FAQs
          • Extended Industry Sort Code Directory
          • Sort code checker
          • SEPA IBAN-Only Directory
            • SEPA IBAN-Only participants
          • Public Key Infrastructure (PKI) Trust Service
        • Third Party Assurance
          • Bacs Registered Facilities Management Provider
            • Sponsored Facilities Management Providers Directory
          • Bacs Approved Bureau Scheme
            • Bacs Approved Bureaux Directory
            • Bacs Approved Bureau Logo
          • Bacs Approved Software Service
            • Bacs Approved Software
            • Approved Software Logos
          • Bacs Training Accreditation Scheme
          • Cheque Printer Accreditation Scheme
            • Cheque and Credit Standards
            • Become an Accredited Cheque Printer
            • List of Laser Printers
          • Certified Bank Giro Credit Printers
            • Guidelines for Bank Giro Credits
            • Become Certified to Print Bank Giro Credits
          • Technical Aggregator, Solution Providers and Consultants
            • Faster Payment System fee structure – Technical Accreditation
        • Overlay Services
          • Confirmation of Payee
            • FAQs
            • Contact Us
          • Request to Pay
            • FAQs
        • Research and Insight
  • Fraud
        • Confirmation of Payee
        • Authorised Push Payment (APP) reimbursement policy
          • About APP reimbursement
          • How does this legislation affect your organisation?
          • A how-to guide to Registration
          • FPS Reimbursement Rules
          • Compliance Monitoring Process
          • Reimbursement Claims Management System (RCMS)
          • APP Reimbursement information hub
          • RCMS Customer List
        • Enhanced Data Exchange (EDEx)
  • News and Insight
        • Press Releases
        • Latest Updates
        • Insight
        • Consultations
        • Events
  • ESG
    • Environmental
    • Social
    • Governance
    • ESG reports
    • Diversity and inclusion targets
  • Careers
        • Life at Pay.UK
        • Benefits
        • Values and Behaviours
        • Early careers
        • Hybrid working
        • Diversity and Inclusion
  • Contact Us

Pay.UK reviews the new APP reimbursement regulations at UK Finance’s Economic Crime Congress

  • Fraud
  • December 19, 2024

Last week, our Chief Business Development Officer, Kate Frankish, joined a panel of fellow industry experts at UK Finance’s Economic Crime Congress, to review the implementation and impact of the Payment Systems Regulator’s (PSR’s) authorised push payment (APP) fraud reimbursement regulations.

Attended by leading representatives from banking, payments and law enforcement organisations, this year’s one-day event focused on the theme of ‘Working together for a safer tomorrow’, exploring key topics, such as:

  • The impacts of economic crime and how it can be tackled
  • The international economic crime landscape
  • Regulatory changes and scrutiny in the financial sector
  • The new APP fraud reimbursement regulations.

During the session, called ‘APP reimbursement requirement: The implementation and impact of the regulations’, the panel discussed:

  • Trends identified since the new regulations were implemented on 7 October
  • The direct impact of the new regulations on the scale of fraud
  • Key priorities in the fight against fraud in 2025.

The panel noted that it has been two months since the implementation of the APP reimbursement regulations. Kate informed the audience that it is too early for Pay.UK to draw conclusions on any trends seen. The first reporting cycle on trend insights has begun and the official compliance data will be published in January 2025.

Looking forward to next year, the panellists discussed their key priorities in the mitigation of fraud. As part of the conversation, Kate highlighted Pay.UK’s continued work to gain support from the wider payments ecosystem in the development of our new fraud detection and prevention overlay service, following a successful proof of concept earlier this year.

Kate commented, “We have seen an increased focus on investment from the payments industry in fraud detection and prevention, and are optimistic that this, alongside continued collaboration, moves us ever closer to achieving a one-system solution to combat fraud.”

Share
People in a meeting

Press Releases

Read all of the latest Pay.UK Press Releases.

Shane Warman discusses the npa and the future of uk payments at sibos 2023

Consultations

Read all of the latest Pay.UK Consultations.

Insight

Read all of the latest Pay.UK Insights.

Related News

How Collaboration Is Building a Safer Global System
  • Pay.UK
  • November 28, 2025

Learnings from Europe’s Fight Against Payment Fraud: How Collaboration Is Building a Safer Global System

Read more
Abstract Blue Background Blurred Colorful Background
  • Pay.UK
  • November 27, 2025

Pay.UK’s work on Certainty of Fate to support A2A retail transactions

Read more
Current Account Switch Service strategy event 2025
  • CASS
  • October 29, 2025

Shaping the future of switching: Highlights from the Current Account Switch Service strategy event 2025

Read more
innovation and growth in UK payments.
  • Pay.UK
  • October 20, 2025

Realising the benefits from regulatory reform

Read more
Pay.UK CPEO discusses consumer protection and fraud prevention in payments
  • Fraud
  • October 13, 2025

UK innovation becomes the European standard: How CoP paved the way for VoP

Read more
Animated Pay.UK Logo Home Button
  • Terms and Conditions
  • Privacy and cookies notice
  • Modern Slavery
    • 2025 Statement
    • 2024 Statement
    • 2023 Statement
    • 2022 Statement
  • Terms and Conditions
  • Privacy and cookies notice
  • Modern Slavery
    • 2025 Statement
    • 2024 Statement
    • 2023 Statement
    • 2022 Statement
Linkedin

Pay.UK Limited is a company limited by guarantee, incorporated in England. Company Number 10872449.
Pay.UK Limited's registered office is The White Chapel Building, 10 Whitechapel High Street, E1 8QS.

Copyright ©Pay.UK 2025