BANKS will be forced to introduce a new security measure by the end of this month. This new name-checking service dubbed "Confirmation of Payee" will ensure that customers are offered more protection when they pay new or existing payees. However, the new measure may already be too little too late.
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Bank fraud warning: Expert reveals that fraudsters 'show no signs of slowing down'
![Bank fraud warning: Expert reveals that fraudsters 'show no signs of slowing down']()
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