Am I at risk from identity theft?
Over the last few years the threat of ID theft in the UK and around the world has increased dramatically with more and more people now on the radar of the fraudsters and scammers. However, the vast majority of people who may be at risk from identity theft are still unaware of problems which may await them in the future. So are you at risk of identity theft?
There is no doubt that the introduction of the Internet to many homes and businesses around the world has increased the potential market for identity theft. Each of us is just a click away from a potentially fraudulent e-mail or fraudulent contact via a website. We all need to be aware of the risks, retain control of our confidential information and ensure that we do not give information to unknown third parties.
Many of the scams appearing at the moment are financial offers and financial advice which are literally too good to be true. If you have not requested any financial advice or neither inquired about a financial product then why would you entertain anybody who cold calls you? There is no doubt that the fraudsters have taken advantage of the economic situation to maximise their potential victim base.
Red-faced Barclays shamed by BBC
Barclays faces investigation after a BBC programme revealed that the bank's sales team breached data protection rules and misled customers.BBC's Whistleblower show sent two undercover reporters to work at Barclays call centres for nine-month periods, where they claimed to have witnessed employees making sales calls to people who had requested not to be contacted, accessing client files for no vali...Read More
Is George Osborne about to hit the UK banking industry?
Many believe that George Osborne will use his Mansion House speech this evening to launch a number of new initiatives aimed at the UK banking arena. He will warn them that they need to pay for the damage which "they inflicted" on the UK economy and indeed there will be talk of new banking taxes and a banking levy discussed. It is also believed that many Liberal Democrat politicians are pushing...Read More
UK government set to loan Iceland £3 billion!
In a move which is sure to grab the headlines for all of the wrong reasons it has been announced that the UK government is on the verge of forwarding a £3 billion loan to Iceland in order to ensure that UK savers who lost money in the collapse are reimbursed. How perverse that the very people who are being reimbursed are the ones who are paying for the compensation scheme - what has it all come...Read More
Reclaiming 'unfair' charges can lead to 'unfair' commission
As more and more bank customers are trying to reclaim what are seen as unfair charges from their providers, one reclaim company has stood up against colleagues who charge high commission.iWantMyChargesBack.co.uk is a firm that offers to help account holders through their claims cases for a flat fee and has slammed fellow companies that draw up to 40 per commission for their work. The claims compan...Read More
Complaints about switching bank account up, but scale of problem is small
The British Bankers' Association (BBA) has sought to reassure consumers after the Financial Ombudsman Service recently disclosed that complaints about moving current accounts from one bank to another have risen by 50 per cent in the last year.The number of complaints about switching current accounts has gone up from 1,200 to 1,800, but the BBA said that this was still only a problem for "a very ti...Read More