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By Jessica Frank-Keyes New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today. The government is set to bring forward a draft bill aimed at tackling fraudsters who operate by convincing scam victims to authorise so-called push payment transactions in banking apps. It follows the Global Fraud Summit that kicked off on Monday, with execs from Apple, Google and Amazon in attendance. The proposals would give banks an additional 72 hours to investigate authorised payments and contact customers, the police and law enforc…

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