APP Fraud: Santander calls on government and industry to tackle APP fraud

 In Fraud Reports

Santander (BME:SAN) has called on the government, banking industry and relevant bodies to tackle authorised push payment (APP) fraud.

APP is when a scammer deceives a payer into making a payment, with over 70% of scams originating from social media.

https://uk.investing.com/news/stock-market-news/santander-calls-on-government-and-industry-to-tackle-app-fraud-2793350?ampMode=1

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