Our first APP scams performance data report

On 31 October we published our first APP scams performance data.

The data includes the UK’s 14 largest banking groups (directed firms), along with the data for nine other smaller firms that were in the top 20 highest receivers of fraud (non-directed firms).

Payment firms that we directed will be required to publish this information on their websites within 20 days which will give consumers greater transparency about how they deal with APP scams.