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Metro Bank automated crime prevention system cost it £16m

Metro Bank has been fined £16m by the UK financial regulator due to inadequate criminal transaction monitoring. The Financial Conduct Authority (FCA) handed the bank...

UK banks share ‘intelligence’ with Meta to tackle scammers

UK banks have agreed to share “intelligence” with Meta in an effort to combat financial scammers. Meta announced on Wednesday that the Fraud Intelligence Reciprocal...

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