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Which? calls on regulator to make banks come clean about fraud refunds

Which? calls on regulator to make banks come clean about fraud refunds

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.

More than £700,000 lost to bank transfer scams every day

More than £700,000 lost to bank transfer scams every day

Which? is calling for stronger protections for fraud victims after finding more than £700,000 is lost to bank transfer scams every day.

NatWest to allow personalised bank transfer caps to beat scammers

NatWest to allow personalised bank transfer caps to beat scammers

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.

Fraudsters peddling fake Interactive Investor and ING Bank investments, warns Which?

Fraudsters peddling fake Interactive Investor and ING Bank investments, warns Which?

Scammers impersonating investment firms ING Bank and Interactive Investor are targeting unsuspecting victims with cloned websites and fake documents.

Starling Bank fraud warning system failed Android users for 31 days

Starling Bank fraud warning system failed Android users for 31 days

Which? is urging customers to check bank transfers made between 12 October and 13 November after finding Confirmation of Payee checks failed certain users.

Post-Brexit law change could help banking scam victims

Post-Brexit law change could help banking scam victims

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.

More than £200m lost to bank transfer fraud in the first half of 2020

More than £200m lost to bank transfer fraud in the first half of 2020

Over £200m was lost to bank transfer fraud in the first half of 2020, but nearly two thirds of losses weren't covered. Which? looks at new data from UK Finance.

Bank transfer fraud victims face refund lottery

Bank transfer fraud victims face refund lottery

Banks are treating many victims of fraud unfairly or inconsistently, a new Which? report reveals, as it presses for the industry reimbursement scheme to be made mandatory. 

Bank transfer fraud losses soar to almost £500m in 2019

Bank transfer fraud losses soar to almost £500m in 2019

Losses from bank transfer fraud soared to £456m last year, despite dozens of banks signing up to a code to protect their customers from these type of scams.

Confirmation of Payee: which banks are ready to offer vital name-checking service?

Confirmation of Payee: which banks are ready to offer vital name-checking service?

Which? estimates £320m lost to fraud could have been prevented with the long-overdue system, but some customers remain unprotected.

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