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Banks may be liable for push payment fraud, court rules

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Published on: 15 March 2022
Published by a Law360 reporter

Article summary

Law360, London: The Court of Appeal ruled on 14 March 2022 that banks could be liable if they fail to protect individual customers against push payment fraud, extending the scope of a key legal obligation in a lawsuit against Barclays over a £700,000 (US$913,000) scam.

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United Kingdom

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