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    HM Treasury

    News stories featuring HM Treasury:

    Visa and American Express to strengthen security for stolen contactless cards

    April 12th, 2017

    Visa is to bring all of its contactless transactions online this year across 10 European countries to give consumers “more control over their accounts” following calls from the UK’s Financial Conduct Authority (FCA) for banks to tighten the processes they undergo when a customer reports a stolen contactless card. American Express is also “reviewing options” to ensure those who cancel their cards are protected against contactless fraud. More

    UK regulator calls for banks to tighten cancellation processes for stolen contactless cards

    March 31st, 2017

    The UK’s Financial Conduct Authority has set out measures it plans to tighten the processes banks undergo when a customer reports a stolen contactless card, which currently allow — in a “limited set of circumstances” — for a stolen card to be misused by fraudsters “several months after it has been cancelled”. More

    UK government publishes e-money consultation document, aims to open up market to mobile operators

    UK government publishes e-money consultation document, aims to open up market to mobile operators

    November 8th, 2010

    The UK government has published a consultation document and is requesting feedback from interested parties on planned changes to the way that electronic money is regulated in the UK. The document sets out how the… More

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