March 10, 2022

Payments Cards and Mobile

App Fraud Hit £355.3 Million – Overtakes Card Fraud for the First Time

A consumer rights and protection website has analysed new data and says that every hour, APP fraud (Authorised push payment fraud) victims lose more money than the average UK worker earns in a year. The research calls on the government to urgently act on its commitment to legislate for mandatory reimbursement of victims.

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