Hello Folks - I've merged the two threads so everyone can see the two troubleshooting solutions we have at hand:
1.) Go into your APB Reloaded game folder. Go to "Binaries" folder. Find "pbsvc_apb" and then "Install/Re-Install PunkBuster Service" (See image below)
2.) Go to Control Panel. Uninstall PB. Relaunch APB game client. This will reinstall the latest version of PB.
We are working with EvenBalance to get to the root of the issue and will keep you all posted as soon as we have further news from them.
Thank you for your patience.
Yeah.. it's not in my folder and i've reinstalled apb so it should be there