New Rules in UK Could Reimburse Fraud Victims up to £415,000 ($525,000)
New Rules in UK Could Reimburse Fraud Victims up to £415,000 ($525,000)
22 December 2023
The UK's Payment Systems Regulator (PSR) announced that victims could be repaid up to £415,000 ($525,000) unless the bank can prove "gross negligence" on the part of the individual.