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UK bank suspends online payments after fraud hits 20,000 accounts

08
Nov
2016
UK bank suspends online payments after fraud hits 20,000 accounts

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The banking arm of U.K. supermarket chain Tesco has suspended online payments for its 136,000 checking account customers following a spate of fraudulent transactions.

The bank suspended its payment service for all checking account customers after 40,000 experienced suspicious transactions, bank CEO Benny Higgins told BBC Radio 4 on Monday.

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