Mastercard has developed a new AI tool called Consumer Fraud Risk which helps banks to stop people from sending money to scammers. It could help prevent the loss of £100 million every year.
Bank of scotland RSS
Lloyds Banking Group customers will no longer be able to use their credit cards to buy bitcoin. The firm is worried that customers will spend too much on it and not be able to pay back the money.
Lloyds Banking Group has announced an "exclusive partnership" with Microsoft to trial the use of Windows Hello biometric authentication with customers of Lloyds Bank, Halifax, and Bank of Scotland.
