FFE Virtual Meet up with Pay.UK [Members Only]

We are delighted to invite all FFE members to a virtual meet up with Pay.UK - we hope you can join us! 🙌🏻

Martin Sansone, Lead Standards Architect and Michael Hammond, Fraud Product Owner at Pay.UK, will provide an update for members on the Enhanced Fraud Data (EFD) initiative that Pay.UK are working on with the PSR to improve data sharing across the industry, and allows sending PSPs to ask receiving PSPs questions about receiving accounts in almost real time.

The scheme is based on the concept that sending firms can make better decisions and prevent more fraud if they have more information on where the funds are being sent. The EFD initiative is currently in development following a successful proof of concept stage, with all parties keen to roll it out fully as soon as possible. Firms will need to actively subscribe to the scheme, which they can do by contacting Pay.UK.

Please note that if you can’t attend the live session, you will be able to register to watch the replay (subject to speaker’s approval).