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UK payments regulator to consult on fraud data-sharing requirements

By Phoebe Seers ( May 1, 2025, 14:54 GMT | Insight) -- Payments providers will see a consultation on new data-sharing requirements aimed at tackling fraud published in the UK later this year, MLex has learned. While the UK’s Authorized Push Payment fraud reimbursement rules are delivering good outcomes for consumers, the Payment Systems Regulator — which today published its annual report and budget for 2025/26 — wants to see firms sharing more data that could prevent fraud happening at all.Payments providers will see a consultation on new data-sharing requirements aimed at tackling fraud published in the UK later this year, MLex has learned. While the UK’s Authorized Push Payment fraud reimbursement rules are delivering good outcomes for consumers, the Payment Systems Regulator wants to see firms sharing more data that could prevent fraud happening in the first place....

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