Article reports a November 2025 political agreement between the European Parliament and Council on a new Payment Services Regulation and third Payment Services Directive.
APP fraud has no borders, Europe's regulation is starting to reflect that ↗
What happened
- The political agreement includes mandatory reimbursement for victims of impersonation fraud, limited to personal, non-corporate accounts.
- The article states the formal legal text has not yet been published or formally adopted.
- The article reports that payment service institutions will be required to connect to shared data infrastructure to share fraud-related intelligence.
- The article reports a limited platform liability provision where online platforms can be held liable if informed of fraudulent content and failing to remove it.
Why it matters to Signicat
- Mandatory data-sharing infrastructure under the PSR could create demand for fraud-intelligence platforms adjacent to Signicat's risk and AML screening line; Signicat's exposure is not established by the article.
- Article is a vendor-authored thought piece from Salv promoting Salv Bridge; its claims about market demand are vendor-attributed, not independently verified.
Evidence from the source (6 quotes)
- “The political agreement includes mandatory reimbursement for victims of impersonation fraud, where a criminal poses as a payment service provider to trick a customer into approving a transfer.” source ↗
- “The formal legal text has not yet been published or formally adopted, but there is some consensus forming based on what has been revealed so far.” source ↗
- “Payment service institutions will be required to connect to shared data infrastructure — specifically to technology providers who operate the exchange platforms — to share fraud-related intelligence with each other.” source ↗
- “online platforms can be held liable where they are informed of fraudulent content and fail to remove it.” source ↗
- “We're not talking about regtechs as products anymore. We're talking about an infrastructure layer which is set into the PSR, which is cross-European law.” source ↗
- “Salv Bridge is the fraud intelligence infrastructure connecting European institutions.” source ↗
AML KYB screeningThought leadershipGlobal
5 of 5 facts verified against the source · confidence medium · claude-haiku-5-5