feeds.guardian.co.uk on Nostr: Bullet points of UK reportedly poised to slash amount banks must refund to fraud ...
Bullet points of UK reportedly poised to slash amount banks must refund to fraud victims
- The UK is set to reduce the maximum refund for fraud victims from £415,000 to £85,000
- The change is due to strong lobbying from banks and fintechs
- Consumer groups were expecting a higher threshold
- The Payment Systems Regulator (PSR) is expected to make an announcement on Wednesday
Published at
2024-09-03 19:05:02Event JSON
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