Law-Now
06 May 2025 ·
International
APP fraud: testing the boundaries for follow on claims against banks
1 min read
Authorised Push Payment (“APP”) fraud occurs when a bank’s customer is tricked into making a payment to a fraudster. The latest published data from UK Finance confirms that APP fraud losses in the first half of 2024 were £213.7 million. This comprised £166.5...
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