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Revealed: How banks are lobbying to cap payouts to fraud victims who lose life savings

Banks are quietly trying to water down vital new rules designed to protect fraud victims who are robbed of their life savings, we can reveal.

United kingdomBim afolamiWayne stevensBen afolamiRocio conchaPayments associationFinancial conduct authorityMoney mailPayments systems regulatorUnited kingdom financeEconomic secretaryVictim supportPayment systems regulatorCity minister ben afolami

Tricked consumers lose record amount to purchase scams in 2023 – UK Finance

People looking to attend events such as the Olympics and Taylor Swift concerts could be targeted by scammers this year, UK Finance said.

United kingdomMatt hepburnDominic lipinskiBen donaldsonChris ainsleyTaylor swiftMark tierneyLloyds bankUnited kingdom financeKingdom financeScams united kingdom

Nearly half of people expect a cashless society within their lifetime – survey

Nearly half of people expect a cashless society within their lifetime – survey
thecourier.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecourier.co.uk Daily Mail and Mail on Sunday newspapers.

United kingdomNatalie ceeneyJohn howellsFinancial servicesParty parliamentary groupMarkets actPost officeCash reviewAll party parliamentary groupUnited kingdom finance

Half expect cashless society in lifetime , 15% never carry money

Half expect cashless society in lifetime , 15% never carry money
walesonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from walesonline.co.uk Daily Mail and Mail on Sunday newspapers.

United kingdomNatalie ceeneyJohn howellsFinancial servicesParty parliamentary groupMarkets actPost officeCash reviewAll party parliamentary groupUnited kingdom finance

Cashless society warning as nearly half expect money to vanish within their lifetime | Personal Finance | Finance

The proportion of people expecting to see the UK go cashless in their lifetime has increased from just over two-fifths, when similar research was carried out in 2019.

United kingdomPeter byrneNatalie ceeneyJohn howellsParty parliamentary group on fintechFinancial servicesMarkets actPost officeChief executive officerCash reviewAll party parliamentary groupUnited kingdom finance

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