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HSBC and Metro bank join Britain’s Stop Scams hotline

HSBC, its online arm First Direct, and Metro Bank have joined a fraud-reporting hotline as the cost of living crisis increases the number of financial scams, an industry body said on Tuesday. Britain has become the scam capital of the world as more people bank online, especially since the COVID-19 pandemic began unfolding in 2020. Members already include Barclays, Meta, Microsoft, Google, NatWest, Nationwide Building Society, Santander and Talk Talk.

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