Australia can learn from the UK's experience by making banks pay for scam losses
- Written by Muhammad Al Mamun, Senior Lecturer in Finance, La Trobe University

British banks will soon be required to reimburse customers who fall victim to authorised push payment fraud – where a scammer convinces you to authorise a payment, generally by masquerading as a legitimate business or person.
The new rules from the UK’s Payment Systems Regulator are intended to incentivise all businesses...
Read more: Australia can learn from the UK's experience by making banks pay for scam losses