Which news and trends

Are UK Overdraft Fees More Costly Than Payday Loans?
Alternative Finances // May 23, 2018

Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require banks to charge the same rages for unarranged overdrafts that they do for arranged overdrafts. According to Which?, the rates...

UK Watchdog Wants Banks To Change Push Payments Fraud Strategy
B2B Payments // February 20, 2018

U.K. consumer watchdog Which? is calling for better protections against push payment scams, according to reports. A press release by Which? issued Monday (Feb. 19) warned that Authorized Push Payment (APP) fraud is on the rise. The watchdog is calling for change in how banks...

UK Watchdog Proposes Compensation Plan For Victims Of Push Payment Fraud
B2B Payments // November 09, 2017

The U.K. Payments System Regulator (PSR) is taking steps to address the 100 payment scams hitting consumers and businesses every day. The financial watchdog has published a response to a complaint filed by consumer advocacy group Which? more than a year ago. That complaint highlights...

Quick Reads
Apple to ‘Vigorously’ Defend Against UK Consumer Group Class Action

November 14, 2024
Apple said Thursday (Nov. 14) that it will “vigorously” defend against a class action filed by U.K. consumer group Which? Which? said in a Thursday press release that it filed a £3 billion ($3.8 billion) legal claim against the tech giant on behalf of 40 million Apple customers in the U.K., alleging that the company’s […]

Are UK Overdraft Fees More Costly Than Payday Loans?

May 23, 2018
Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require banks to charge the same...