Worlds Collide: PSD3, Fraud Refunds & Instant EU Payments... Stay Calm & Prepare

February 2024 marks a turning point for European banking: The European Council has introduced instant payments across the EU, requiring transactions to be completed in just ten seconds. But these fast transactions pose significant security challenges: How can banks effectively detect fraud in such a short timeframe? The situation is further complicated by the PSD3 regulation, which requires banks to provide compensation in the event of fraud. This underlines the urgency of robust fraud prevention measures. The UK is about to implement similar legislation. In our webinar, Iain Swaine, Gareth Williams, and Ronald Praetsch will discuss how banks can prepare for these risks and explore strategies to strike a balance between speed and security.