Lloyds Banking Group is reshaping its overdrafts to make them simpler. However, whether they will prove less costly for everyone is yet to be seen. How will these changes affect you?
At today’s British Bankers’ Association’s annual conference, Which? will outline why banks should be doing more to protect their customers from bank transfer scams. While much has changed since the days of the financial crash, there’s still work to be done… (more on bank transfer scams…)
Banks, building societies and other financial institutions have a duty to safeguard against fraud and money laundering. But we know that those safeguards don’t always work as scammers are still slipping through the net…
(more on excessive bank fraud controls…)
A week can be a long time in the world of personal finance…
A complex scam involving phone calls from ‘Visa’ followed by the ‘police’ is currently doing the rounds. Fortunately, one member was savvy enough not to fall for it… (more on ‘visa’ fraud department scam call…_
Our latest research has found that people are still losing life-changing sums of money to fraudsters exploiting bank transfer payments. So, how much longer should we wait for effective action from industry?
Described as the ‘most secure coin in the world’, the new 12-sided £1 will enter circulation at the end of March. Is this a step forward for British currency, or is it more trouble than it’s worth? (more on new £1 coin…)
We are working tirelessly in the run up to the general election to ensure consumer rights are at the heart of the debate. That’s why, today, we have published the Which? Consumer Agenda for Government.
Fraud is at record levels in the UK – but have you considered what more you can do to protect yourself from it?
Contactless debit and credit cards are fast becoming the default payment method for purchases under £30 across the UK, with spending on them having tripled to £25bn last year. But are you happy using them? (more on contactless cards…)
Following our super-complaint last year, the Payment Systems Regulator (PSR) has set out its approach to tackle the problem of bank transfer scams. But will these plans go far enough?
The FCA has today announced plans to clean up the credit card market including cracking down on unsolicited credit limit increases. So has yours ever been increased without your knowledge? (more on FCA credit card market study…)
With the decline in high street bank branches and the rise in mobile-only banks, branchless banking seems to be the way of the future. Could you be convinced to give it a try?
The Financial Conduct Authority has proposed a deadline of June 2019 for people to claim for mis-sold Payment Protection Insurance.