Banks fail to agree on how to refund fraud victims

Banks fail to agree on how to refund fraud victims

Banks fail to agree on how to refund fraud victims

The UK’s banks and building societies have rejected a 2.9p transaction fee that would have been used to compensate victims

Stephen Little
Fri, 11/15/2019 – 10:35

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The UK payments industry has failed to agree on how victims of bank transfer fraud should be refunded, according to the UK’s money transfer system operator.

Pay.U…

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