Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.

On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.
why zat ?...got me worried

On 27/02/2021 11:04, Jimmy Stewart ... wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them all.
why zat ?...got me worried

My thoughts too. With banks now responsible for losses through hacks I
would say now is a good time.

A saving account payment is likely to be required to be channelled
through a current account so an additional level of protection.

Fredxx posted
On 27/02/2021 11:04, Jimmy Stewart ... wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them all.
why zat ?...got me worried

My thoughts too. With banks now responsible for losses through hacks I
would say now is a good time.

Banks aren't responsible for push payment frauds though, which are the
most common at the moment. Nor for cloned website frauds.

A saving account payment is likely to be required to be channelled
through a current account so an additional level of protection.

True, if you set up the savings account with the genuine provider in the
first place.

--
Algernon

On 27/02/2021 14:00, Algernon Goss-Custard wrote:
Fredxx posted
On 27/02/2021 11:04, Jimmy Stewart ... wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them
all.
why zat ?...got me worried

My thoughts too. With banks now responsible for losses through hacks I
would say now is a good time.

Banks aren't responsible for push payment frauds though, which are the
most common at the moment. Nor for cloned website frauds.

They like to argue that, but the law is not totally in their favour on
this - especially if they don't implement confirmation of payee:

https://excellolaw.co.uk/excellolaw-...fraud-victims/


--
Cheers,

John.

/================================================== ===============\
| Internode Ltd - http://www.internode.co.uk |
|-----------------------------------------------------------------|
| John Rumm - john(at)internode(dot)co(dot)uk |
\================================================= ================/

On 27/02/2021 15:18, John Rumm wrote:
On 27/02/2021 14:00, Algernon Goss-Custard wrote:
Fredxx posted
On 27/02/2021 11:04, Jimmy Stewart ... wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them
all.
why zat ?...got me worried

My thoughts too. With banks now responsible for losses through hacks
I would say now is a good time.

Banks aren't responsible for push payment frauds though, which are the
most common at the moment. Nor for cloned website frauds.

They like to argue that, but the law is not totally in their favour on
this - especially if they don't implement confirmation of payee:



The cases discussed there (Quinecare and Singularis) involved in essence
fraud carried out by an agent of the account holder (the latter a
director of a company on the company's account). I don't think they
give much comfort to the personal account holder who authorises a
transfer as a result of a scam. The High Court confirmed last month
that the "Quinecare duty of care" doesn't extend to the individuals.

https://www.lexology.com/library/detail.aspx?g=3eb91ee6-dedc-4d89-9393-6afe517a868b







--
Robin
reply-to address is (intended to be) valid

One of the main issues about any on line financial services is proving who
you are. Increasingly complicated and often inaccessible ways to prove you
are a human and indeed the account holder make the use so onerous that its
easier over the telephone quite often.
Brian

--

This newsgroup posting comes to you directly from...
The Sofa of Brian Gaff...

Blind user, so no pictures please
Note this Signature is meaningless.!
"Fredxx" wrote in message
...
On 27/02/2021 11:04, Jimmy Stewart ... wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.
why zat ?...got me worried

My thoughts too. With banks now responsible for losses through hacks I
would say now is a good time.

A saving account payment is likely to be required to be channelled through
a current account so an additional level of protection.

Brian Gaff (Sofa" wrote

One of the main issues about any on line financial services is proving who
you are. Increasingly complicated and often inaccessible ways to prove you
are a human and indeed the account holder

Bull**** with the best fingerprint and
facial recognition on your phone.

make the use so onerous that its easier over the telephone quite often.

Bull****.

"Fredxx" wrote in message
...
On 27/02/2021 11:04, Jimmy Stewart ... wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them
all.
why zat ?...got me worried

My thoughts too. With banks now responsible for losses through hacks I
would say now is a good time.

A saving account payment is likely to be required to be channelled
through a current account so an additional level of protection.

On Sun, 28 Feb 2021 19:32:29 +1100, cantankerous trolling geezer Rodent
Speed, the auto-contradicting senile sociopath, blabbered, again:

FLUSH the trolling senile pest's latest troll****

--
"Who or What is Rod Speed?
Rod Speed is an entirely modern phenomenon. Essentially, Rod Speed
is an insecure and worthless individual who has discovered he can
enhance his own self-esteem in his own eyes by playing "the big, hard
man" on the InterNet."
https://www.pcreview.co.uk/threads/r...d-faq.2973853/

On 28/02/2021 08:32, Rod Speed wrote:
Brian Gaff (Sofa" wrote

One of the main issues about any on line financial services is proving
who you are. Increasingly complicated and often inaccessible ways to
prove you are a human and indeed the account holder

Bull**** with the best fingerprint and
facial recognition on your phone.

Some of us use desktops. Both of those techniques have weaknesses.

Try changing your fingerprint after this:

https://www.theguardian.com/technolo...-defence-firms

make the use so onerous that its easier over the telephone quite often.

Bull****.

I have to use my phone to get a number to log into my account on a
desktop. While it will be quicker than making a call if I'm wearing a
headset I could still get on with things around me.

"Rod Speed" wrote in message
...
Brian Gaff (Sofa" wrote

One of the main issues about any on line financial services is proving
who you are. Increasingly complicated and often inaccessible ways to
prove you are a human and indeed the account holder

Bull**** with the best fingerprint and
facial recognition on your phone.

and how do you prove to the financial institute that it was you who first
registered their face/fingerprint on the phone?

anyone could buy a phone and pretend that it belongs to me, for this purpose

Rod Speed wrote:
Bull**** with the best fingerprint and
facial recognition on your phone.

Why is it you think your phone is trustworthy? Especially
if it's an android, given the almost universally poor
update provision for them. For that matter, why is it
you trust the fingerprint & facial recognition algorithms?
Or, and merely as a parting shot, you understand, why
is it you assume the guy who might have just nicked your
phone doesn't know anyone who can help out?

#Paul

On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.

Why ?.

If you use strong passwords and/or 2FA and you aren't using
a hotmail account as part of your login I don't see what the
issue is. Surely everyone now knows about these scams and is
or should be suspicious of anyone phoning and claiming to be
from your bank.

I have a suspicion that those Santander accounts where you
got an economically impossible rate of interest on your
current account are the ones that the fraudsters with inside
bank information preyed on.

Since base rate is 0.1% and 10 year gilts are about 0.7%
you might as well stick the whole lot in premium bonds
until interest rates are closer to where they should be
(inflation + 1%).

On 27/02/2021 14:26, Andrew wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them all.

Why ?.

If you use strong passwords and/or 2FA and you aren't using
a hotmail account as part of your login I don't see what the
issue is. Surely everyone now knows about these scams and is
or should be suspicious of anyone phoning and claiming to be
from your bank.

I have a suspicion that those Santander accounts where you
got an economically impossible rate of interest on your
current account are the ones that the fraudsters with inside
bank information preyed on.

Since base rate is 0.1% and 10 year gilts are about 0.7%
you might as well stick the whole lot in premium bonds
until interest rates are closer to where they should be
(inflation + 1%).
I did ... can't wait 'till Monday

Andrew wrote:

Since base rate is 0.1% and 10 year gilts are about 0.7%
you might as well stick the whole lot in premium bonds
until interest rates are closer to where they should be
(inflation + 1%).

You might as well spend it all! :-)

--
Chris Green
·

On 27/02/2021 15:47, Chris Green wrote:
Andrew wrote:

Since base rate is 0.1% and 10 year gilts are about 0.7%
you might as well stick the whole lot in premium bonds
until interest rates are closer to where they should be
(inflation + 1%).

You might as well spend it all! :-)


That will create inflation though, which the worry that
is sending US 10Y bond yields over 1.5% and heading north
since mid january.

Andrew wrote:
On 27/02/2021 15:47, Chris Green wrote:
Andrew wrote:

Since base rate is 0.1% and 10 year gilts are about 0.7%
you might as well stick the whole lot in premium bonds
until interest rates are closer to where they should be
(inflation + 1%).

You might as well spend it all! :-)


That will create inflation though, which the worry that
is sending US 10Y bond yields over 1.5% and heading north
since mid january.

1.5% is hardly big money yet is it!

--
Chris Green
·

On 27/02/2021 20:16, Chris Green wrote:
Andrew wrote:
On 27/02/2021 15:47, Chris Green wrote:
Andrew wrote:

Since base rate is 0.1% and 10 year gilts are about 0.7%
you might as well stick the whole lot in premium bonds
until interest rates are closer to where they should be
(inflation + 1%).

You might as well spend it all! :-)


That will create inflation though, which the worry that
is sending US 10Y bond yields over 1.5% and heading north
since mid january.

1.5% is hardly big money yet is it!

It was enough to knock 20% off US tech valuations last week.

What people forget is that even when building societies were
offering 1,2,3 year deposits paying 7%, it was because 10-year
bond yields were slightly higher, and more importantly
inflation was probably about 6%. People don't notice inflation
until it gets out of hand and bank base rate (which was always
politically motivated) goes up.

If we are heading back to a period of higher inflation then it
might be better time to think about with-profits funds again,
shock horror.

"Andrew" wrote in message
...
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.

Why ?.

If you use strong passwords and/or 2FA and you aren't using
a hotmail account as part of your login I don't see what the
issue is. Surely everyone now knows about these scams and is
or should be suspicious of anyone phoning and claiming to be
from your bank.

I have a suspicion that those Santander accounts where you
got an economically impossible rate of interest on your
current account are the ones that the fraudsters with inside
bank information preyed on.

Since base rate is 0.1% and 10 year gilts are about 0.7%
you might as well stick the whole lot in premium bonds


maximum 50,000!

John Towill wrote

Sad to say the scammers have won, they have
made it incredibly difficult to operate a savings
account on line, blast and damn them all.

Completely effortless for me.

On Sun, 28 Feb 2021 01:41:20 +1100, cantankerous trolling geezer Rodent
Speed, the auto-contradicting senile sociopath, blabbered, again:

FLUSH the trolling senile asshole's latest troll**** unread

01:41??? And it's trolling time for you ALREADY, you disgusting perverted
senile swine and troll from Oz?

--
Richard addressing senile Rodent Speed:
"**** you're thick/pathetic excuse for a troll."
MID:

On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.


Only difficult for the stupid.

--
mailto : news {at} admac {dot} myzen {dot} co {dot} uk

On 27/02/2021 16:06, alan_m wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them all.


Only difficult for the stupid.

In which case people with learning difficulties should get extra
protection. Or are you one who feels that handicapped people aren't
worth bothering about?

Bill

On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.

The government are remarkably releuctant to issue Covid vaccine
passports but have done nothing about the fact that for all practical
purpose you have to own a mobile phone as banks like to use them to
verify who you are.

--
Michael Chare

Michael Chare wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.

The government are remarkably releuctant to issue Covid vaccine
passports but have done nothing about the fact that for all practical
purpose you have to own a mobile phone as banks like to use them to
verify who you are.

What is the connection between these two unrelated things?

There is absolutely no need for a mobile phone to use bank 2FA, there
are quite a few alternatives.

--
Chris Green
·

On 27/02/2021 19:55, Michael Chare wrote:
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them all.

The government are remarkably releuctant to issue Covid vaccine
passports but have done nothing about the fact that for all practical
purpose you have to own a mobile phone as banks like to use them to
verify who you are.

Are you suggesting we should be able to pickup Covid Vaccine Passports,
like you do mobile phones at phone shops using a few folding beer tokens?

That's a new one!

Can I get a Covid Vaccine Passport for each bank? How many would I need?

"Michael Chare" wrote in message
...
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.

The government are remarkably releuctant to issue Covid vaccine passports
but have done nothing about the fact that for all practical purpose you
have to own a mobile phone as banks like to use them to verify who you
are.

doesn't need to be a smart phone though

my candy bar works perfectly well for such verification

On 28/02/2021 10:42, tim... wrote:


"Michael Chare" wrote in message
...
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them all.

The government are remarkably releuctant to issue Covid vaccine
passports but have done nothing about the fact that for all practical
purpose you have to own a mobile phone as banks like to use them to
verify who you are.

doesn't need to be a smart phone though

my candy bar works perfectly well for such verification



you can't beat a nokia 1100

In message , tim...
writes


"Michael Chare" wrote in message
...
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them


The government are remarkably releuctant to issue Covid vaccine
passports but have done nothing about the fact that for all practical
purpose you have to own a mobile phone as banks like to use them to
verify who you are.

doesn't need to be a smart phone though

my candy bar works perfectly well for such verification

Huh! Amazon 2 factor requires me to click a link:-(



--
Tim Lamb

"Tim Lamb" wrote in message
...
In message , tim...
writes


"Michael Chare" wrote in message
...
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them

The government are remarkably releuctant to issue Covid vaccine
passports but have done nothing about the fact that for all practical
purpose you have to own a mobile phone as banks like to use them to
verify who you are.

doesn't need to be a smart phone though

my candy bar works perfectly well for such verification

Huh! Amazon 2 factor requires me to click a link:-(

last time I looked

Amazon wasn't a bank





--
Tim Lamb

In message , tim...
writes


"Tim Lamb" wrote in message
.. .
In message , tim...
writes


"Michael Chare" wrote in message
...
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult to operate a savings account on line, blast and damn them

The government are remarkably releuctant to issue Covid vaccine
passports but have done nothing about the fact that for all
practical purpose you have to own a mobile phone as banks like to
use them to verify who you are.

doesn't need to be a smart phone though

my candy bar works perfectly well for such verification

Huh! Amazon 2 factor requires me to click a link:-(

last time I looked

Amazon wasn't a bank

Indeed. Same assumption that all customers have a smart phone though.



--
Tim Lamb

tim... wrote:


"Michael Chare" wrote in message
...
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.

The government are remarkably releuctant to issue Covid vaccine passports
but have done nothing about the fact that for all practical purpose you
have to own a mobile phone as banks like to use them to verify who you
are.

doesn't need to be a smart phone though

my candy bar works perfectly well for such verification

It can receive SMS messages, yes. But how will it verify your
vaccination status?

--
Chris Green
·

"Chris Green" wrote in message
...
tim... wrote:


"Michael Chare" wrote in message
...
On 27/02/2021 11:03, John Towill wrote:
Sad to say the scammers have won, they have made it incredibly
difficult
to operate a savings account on line, blast and damn them all.

The government are remarkably releuctant to issue Covid vaccine
passports
but have done nothing about the fact that for all practical purpose you
have to own a mobile phone as banks like to use them to verify who you
are.

doesn't need to be a smart phone though

my candy bar works perfectly well for such verification

It can receive SMS messages, yes. But how will it verify your
vaccination status?

it wont

therefore it is wrong of HMG to assume everyone has suitable phone for that,
because they already have one to do online banking



--
Chris Green
·

How exactly have they done that then? Brian

--

This newsgroup posting comes to you directly from...
The Sofa of Brian Gaff...

Blind user, so no pictures please
Note this Signature is meaningless.!
"John Towill" wrote in message
...
Sad to say the scammers have won, they have made it incredibly difficult
to operate a savings account on line, blast and damn them all.