Banking and Finance: Banks to be given autonomy in reimbursing APP fraud victims

04 May 2021 8:00 AM | Anonymous member (Administrator)

UK Finance has announced a change to the process of reimbursing ‘no blame’ cases of authorised push payment (APP) scams, bringing in a process which enables signatory banks to individually pay back cases rather than through a shared central pot.

https://www.finextra.com/newsarticle/37971/banks-to-be-given-autonomy-in-reimbursing-app-fraud-victims


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