Millions of UK Consumers Now at Risk of Fraud after “Ignoring” Bank Payment Warnings: Report
Millions of UK bank account holders are “putting themselves at a much greater risk” of fraud by ignoring warnings provided by the Confirmation of Payee (CoP) service. This, according to research by Lloyds Bank. When sending funds online to someone that hasn’t been paid before,… Read More
Read more in: Fintech, General News, Global | Tagged banking, confirmation of payee, consumer protection, europe, financial institutions, financial services, fraud, fraudulent activities, liz ziegler, research, Research Report, scam, scams, uk, united kingdom