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

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

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...