Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Vicky Shaw

Plans to reimburse bank transfer scam victims are flawed – Treasury Committee

PA Archive

Proposals to reimburse victims of bank transfer scams are “fundamentally flawed”, according to the Treasury Committee.

The government has previously said the Payment Systems Regulator (PSR) will be able to require banks to reimburse authorised push payment (APP) scam losses.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.