1/5 transactions related to fraud, FCA

[wellington]

UK Payments Firm With Russian Ties Had 1-in-5 Shady Transactions

UK regulators imposed restrictions on Dzing Finance Ltd., a financial technology company, saying that almost one in five of the payments it received last year were tied to fraud.

www.bloomberg.com

NewRegister

register.fca.org.uk

 

[jafo]

UK Payments Firm With Russian Ties Had 1-in-5 Shady Transactions

UK regulators imposed restrictions on Dzing Finance Ltd., a financial technology company, saying that almost one in five of the payments it received last year were tied to fraud.

www.bloomberg.com

NewRegister

register.fca.org.uk

In Dzing's defense, according to my name-brand competitors and their "regulatory capture" sycophants, ALL my Txs are "illegal" as I refuse to sell or trade name-brand products, products with a logo, and products with a registered trademark, especially those from Western-based brands

Reminds me of a famous adage by a real SOB political parasite:
"For my friends? Everything!
For my competitors? Laws and regulations!"

 

[Martin Everson]

1 in 5....lol

 

[JohnnyDoe]

With Barclays 4 in 5 but you can’t say this.

 

[EliasIT]

This is no surprise. All banks are fraud.