This is Money: Follow the money - Are bank scammers about to be stopped in their tracks?

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  • This is Money: Follow the money - Are bank scammers about to be stopped in their tracks? - 16 Nov 18
Georgie Frost

This is Money: Follow the money - Are bank scammers about to be stopped in their tracks?

Georgie Frost
Original Broadcast:

This is Money

This is Money: Follow the money - Are bank scammers about to be stopped in their tracks?
This is Money has relentlessly campaigned to fight online fraud – and in a major victory, Britain's biggest banks are now trialling a new system to trace stolen money. Is the end nigh for scammers? Editor Simon Lambert and host Georgie Frost talk about bank fraud and our long-running campaign to help protect our readers from the growing crime. We also talk through new rules to come in early next year that will spell out exactly what banks have to do to help prevent customers falling victim of bank transfer scams and why we launched our Beat the Scammers section in 2016. Elsewhere, if you are in the market for a credit card, one of the more eye catching is Virgin Money's offering which could get you a trip to New York with its new bumper sign-up offer – but what's the catch? We also talk about the property market and how estate agents – especially across London and the South East - have come under pressure since the Brexit vote, which has triggered a considerable slowdown. This has seen Foxtons announcing branch closures this week. And rather than the gloom and doom predictions of a potential house price crash, Simon asks: are house prices preparing to go on something of a run?
Guest:

Simon Lambert


Published:

Topics: UK (in Economics)


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