Online Banking Fraud Up By 48 % While Bitcoin Could Reduce That

By March 29, 2015Bitcoin Business

Online banking fraud rocketed 48 % to £60.4 million in 2014 compared with 2013, according to a report released by Financial Fraud Action UK (FFA UK). As opposed to online banking where users can only rely on banks to secure their funds, Bitcoin is the great alternative which allows users to have an option of holding and securing their money.

In spite of the 53,192 actual incidents of online banking fraud in the UK, FFA […]

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