20 UK banks, including Barclays and HSBC, promote 159 phone service to combat £1.17bn scam losses in 2023.

Twenty major banks in the UK, including Barclays and HSBC, are promoting the 159 phone service to help customers guard against scams. This service connects users to a secure line for their bank if they suspect fraudulent calls. Recently added banks like Revolut and Chase expand coverage to 99.2% of UK accounts. Launched in September 2021, 159 has handled over 700,000 calls, addressing a growing concern as scammers stole £1.17 billion in 2023.

September 26, 2024
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