Barclays appeals liability for push payment fraud

By Lucia Osborne-Crowley (8 February 2022, 17:43 GMT) — A customer who lost £700,000 ($948,600) to push payment fraud has urged the Court of Appeal to find that Barclays had a duty to protect her from the scam and orders the financial services giant to reimburse the lost money.

Lawyers for Fiona Philipp told the Court of Appeal that the High Court was wrong to conclude that BarclaysBank UK PLC had no obligation to repay the money Philipps lost when she suffered a self-defeat -so-called authorized push payment fraud, in which scammers claiming Regulators convinced her to transfer money to their account.

Hugh Sims…

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