"at-above-post addthis_tool" data-url=" are being hit by a new wave of AI-powered refund fraud, as shoppers and organised crime groups use generative AI to create fake damage claims and convincing ...

Banks will have to reimburse most victims of Authorised Push Payment (APP) scams from October next year. Under the new rules published by the Payment Systems Regulator (PSR) this week, from October 7, ...

A freephone helpline has been set up to help Nationwide members who are unsure about making a payment. A new “scam checker service” has been launched by Nationwide Building Society to help protect its ...

The UK’s payments regulator has confirmed a last-minute U-turn on the maximum amount banks and fintechs will have to reimburse fraud victims under a new regime, after heavy industry lobbying and ...

The UK has launched a world-first bank transfer fraud refund scheme after more than two years in the works and last-minute changes influenced by industry lobbying and pressure from ministers. From ...

Last year we published the latest edition of our Comprehensive Guide to Online Scams helping you to stay safe online (full pdf). This includes an Overpayment/Refund scam (page 14) What happens — You ...

HMRC has urged people to be wary of a convincing scam email purporting to offer a tax refund. An X user contacted the tax authority, sending a screengrab of an email they had received, asking if it ...