Property News · December 16, 2016

Banks must do more to improve response to scams, says watchdog


Payment Systems Regulator says banks should cooperate better when customers are tricked into cash transfers by fraudstersBanks need to work harder to improve their responses to scams, a watchdog has said.The Payment Systems Regulator was responding to a “super complaint” from the consumer group Which? that said banks were not taking enough responsibility when customers lost their cash after being tricked into money transfers. Continue reading…

Source : theguardian.com
Read more…Banks must do more to improve response to scams, says watchdog

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