Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s…
Post-Brexit interchange fee plan prompts outcry from U.K. merchants americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
Big banks want social media firms to take accountability for scams taking place on their payment platforms, but that doesn’t mean reimbursing victims. Banks need to take the lead in making victims whole quickly. Big tech and telcos need to kick out the scammers from their platforms.
Who Should Pay for Payment Scams - Banks, Telcos, Big Tech? - BankInfoSecurity.com businesstelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstelegraph.co.uk Daily Mail and Mail on Sunday newspapers.
U.K. banks will soon have to reimburse customers who fall prey to authorized push payment scams. The U.K.'s Payment Systems Regulator recently released a policy