Sun.Sep 22, 2024

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HSBC calls on tech firms to help refund victims of fraud

TheGuardian

Bank says new UK compensation rules will fail to curb APP scams and prove financial sector is not the problem HSBC has thrown its weight behind calls for tech firms to pay up for fraud, saying incoming compensation rules requiring banks to reimburse scam victims up to £85,000 will fail to stem the flow of fraud and prove that the financial sector is not the problem.

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NeoXam to acquire EZOPS

The Paypers

Financial software solutions provider NeoXam has announced that it signed an agreement in a bid to acquire EZOPS , with the move focusing on optimising the firm’s financial technology offering.

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Must Banks Kick Their Plastic Addiction to Get New Payments Channels Off the Ground?

The Financial Brand

This article Must Banks Kick Their Plastic Addiction to Get New Payments Channels Off the Ground? appeared first on The Financial Brand. The world of payments is rapidly evolving. But banks' love for credit cards (and the fees they generate) remain major stumbling blocks. This article Must Banks Kick Their Plastic Addiction to Get New Payments Channels Off the Ground?