PSR publishes latest APP scams performance report for 2023
Reimbursement rates increased, while fraud value decreased. In 2023 victims reported 252,626 cases of APP scams totalling almost £341m. Reimbursement for victims still depends largely on who they bank with. Latest figures released today by the Payment Systems Regulator (PSR) track the performance of payment firms in tackling Authorised Push Payment (APP) scams and reimbursing