Banks will not face extensive new duties to prevent authorised push payment (APP) fraud after the Supreme Court sided with Barclays in a closely watched case.
The ruling means banks will not be held liable for fraudulent transactions requested by customers, avoiding a potential wave of fraud litigation.
https://www.cityam.com/banks-breathe-sigh-relief-as-supreme-court-backs-barclays-in-app-fraud-case/
