Current fraud levels pose a 'national security threat' as bank transfer fraud losses exceed card fraud for the first time - find out how to keep safe.
A fake Lloyds text led to Alma losing £64,000. Her bank has refused to fully reimburse her, despite being signed up to a code designed to protect customers.
Losses to bank transfer fraud have soared, but despite a voluntary code designed to protect victims, too many are being refused reimbursement by their banks.
Do you have an issue you would like help to get sorted? Which? is here to help sort your consumer problems. Dear Which? After I lost £25,000 to a sophisticated...
Which? has today called on the regulator to make banks publish data on how many customers are refunded when they fall victim to a bank transfer scam.
Which? is calling for stronger protections for fraud victims after finding more than £700,000 is lost to bank transfer scams every day.
NatWest Group customers will soon be able to set their own daily bank transfer limit to help fight fraud, and other banks could follow suit, Which? reveals.
Scammers impersonating investment firms ING Bank and Interactive Investor are targeting unsuspecting victims with cloned websites and fake documents.
Which? is urging customers to check bank transfers made between 12 October and 13 November after finding Confirmation of Payee checks failed certain users.
Which? is urging the government to introduce new laws to protect people from losing life-changing sums of money to bank transfer fraud after the Brexit transition period ends.