Visa’s new VAMP enforcement framework introduces tougher thresholds, tighter controls, and the very real prospect of significant fines for merchants who fail to address fraud and chargeback problems. This isn’t a small operational tweak - it’s a change that can challenge the commercial viability of many merchants and their partners. What VAMP Actually Is? Visa’s Account Monitoring Program (VAMP) is a compliance framework that monitors merchants for excessive disputes, charg

Nikhil Rathi was recently re-appointed as the FCA boss for a further term. He warned in his speech to the Mansion House ‘city dinner’ in late October 2025 that the UK is poorly protected from cyber attacks upon its foreign controlled critical infrastructure; that includes data centres and payment networks. In earlier Dear CEO letters and more recent FCA communications, he warns that companies are not looking after customer funds, that they should have wind-down plans to pre

Credit repair / credit builder companies help consumers improve their credit score to access more borrowing and financial services. Do they succeed and are these practices morally OK? Will the Financial Conduct Authority (FCA) continue to critically review these firms and how many more will be required to clean their act up or cease operations? The sort of ’tricks’ used by credit repair companies ….. · A consumer must pay, say £200, into an account with a 'credit repair

FCA Now More Likely to ‘Name and Shame’ Firms That 'Fall Foul' of the its Regulations The High Court has confirmed that the Financial Conduct Authority (FCA) can, in exceptional circumstances, warn the public before it concludes an investigation. This is great news; we need a faster-acting FCA to protect, especially vulnerable customers, from the most errant offenders. FCA regulations and rules are not optional, but mandated upon all regulated firms to protect us as customer

Have you understood, and are you ready for the pending Visa programme changes? Programme changes will stop merchant actions or omissions...

Image Credit: Pixabay In 2015, the EU interchange fee regulation (EU IFR) set ‘price caps’ on interchange fees (IF) for domestic...

In 2023, we talked about the Payment Systems Regulator (PSR) first report on those organisations that send and receive APP-fraud...

An expert panel at the most recent Payment Leaders’ Summit in London in April 2024[1] discussed Authorised Push Payment (APP) Fraud as it...

People Challenges Let’s focus on the ‘big stuff’ here, and put-to-one-side the shocks from the media, such as: ‘treat your colleagues...