U.K. consumer watchdog Which? is calling for better protections against push payment scams, according to reports. A press release by Which? issued Monday (Feb. 19) warned that Authorized Push Payment (APP) fraud is on the rise. The watchdog is calling for change in how banks...
The U.K. Payments System Regulator (PSR) is taking steps to address the 100 payment scams hitting consumers and businesses every day. The financial watchdog has published a response to a complaint filed by consumer advocacy group Which? more than a year ago. That complaint highlights...
May 23, 2018
Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require banks to charge the same rages for unarranged overdrafts that they do for arranged overdrafts. According to Which?, the rates charged by banks in some cases are up to seven […]
