UK banks to refund victims of push payments fraud

“Previously, banks only tended to reimburse people if there was an obvious fault in the way the payment was handled by the bank. Some £354m (US$446m) was lost in this fraud to individuals and businesses last year, but only £83m (US$105m) was refunded… Now anyone who has taken reasonable care, or has any element of […]

Read the rest of UK banks to refund victims of push payments fraud at NFC World.