Banks and building societies

Auto Added by WPeMatico

Metro Bank customer fights for £14,000 refund after AI-linked fraud

Lender was told money was being taken without authorisation, with cash used to buy credits for Claude chatbotA Metro Bank customer has told of his fight to get more than £14,000 back after its systems failed to stop a fraud involving the AI chatbot Claude.Zoli Rutter, a businessman from Sussex, had a total of £14,244 taken […]

Metro Bank customer fights for £14,000 refund after AI-linked fraud Read More »

TikTok and Visa launch debit card to speed payouts to UK creators

Creator card is designed for people making money through TikTok Live, some of whom complain of payment delaysTikTok and Visa have launched a debit card for content creators in the UK which they say will allow people to quickly access their earnings from the platform.The creator card is designed for the growing numbers of people

TikTok and Visa launch debit card to speed payouts to UK creators Read More »

‘Convincing’ AI scams drove UK fraud cases to record 444,000 last year

Criminals using artificial intelligence tools to take over mobile, bank and online shopping accounts, says CifasCriminals are increasingly exploiting AI technology to take over people’s mobile, banking and online shopping accounts, the UK’s leading anti-fraud body has warned.Last year, a record number of scams were reported to the national fraud database, fuelled by AI, which

‘Convincing’ AI scams drove UK fraud cases to record 444,000 last year Read More »

Digital wallet fraud: how your bank card can be stolen without it leaving your wallet

Fraudsters use phishing to steal card details, which fund a spending spree using Apple Pay or Google PayYou get a call from your bank and the informed voice asks to you to confirm the personal details they have on file, which you do. You are then asked whether you bought something at an electrical retailer

Digital wallet fraud: how your bank card can be stolen without it leaving your wallet Read More »