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Banks face a hefty bill having to return money to their clients who are victims of fraud.

Entities will have to reimburse the money from unauthorized transactions within 24 hours and then litigate if they want to recover it. European fraud amounts to €4.2 billion annually.

Translated from Spanish Read in Spanish

Banks face a hefty bill having to return money to their clients who are victims of fraud.

We haven't written up this one. El Pais has the full story — the link below goes straight to it.

Read the original at cincodias.elpais.com →

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