The UK’s Payment Systems Regulator (PSR) is addressing recent fee hikes by card companies Visa and Mastercard, proposing a cap on cross-border card fees.Over 2021-2022, Visa…
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In a significant move to enhance fraud prevention, banks in the UK will soon have new powers to freeze large payments for up to four days.…
In response to rising concerns over financial fraud, banks in the UK are set to receive enhanced powers to freeze substantial payments.The new legislation, effective from…