UK Banks Now Have Up to Four Days to Check Payments for Scams [BNN Bloomberg (Canada)]
NatWest Group plc American Depositary Shares (NWG)
Company Research
Source: BNN Bloomberg
For now, lenders must process payments by the end of the following business day. Under the new proposed laws, they'll be given an extra 72 hours to investigate if there are “reasonable grounds” to suspect a payment is dodgy, according to a statement. “This could allow payment service providers time to get in touch with customers and give them the advice and support they need to avoid being coerced by the criminals who want to steal their money,” Ben Donaldson, managing director of economic crime for the industry group UK Finance, said in the statement. It's the latest sign that policymakers are looking to limit the impact from the global surge in so-called authorized push payment fraud, in which criminals trick people into sending money to an account outside their control. In the UK alone, millions of consumers have been dogged by scammers using these tactics, with losses mounting to £460 million last year, according to UK Finance. This summer has been particularly bad, with le
Show less
Read more
Impact Snapshot
Event Time:
NWG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NWG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NWG alerts
High impacting NatWest Group plc American Depositary Shares news events
Weekly update
A roundup of the hottest topics
NWG
News
- Pan Finance Magazine Announces the Q4 Release and Award Winners of 2024 [Yahoo! Finance]Yahoo! Finance
- Foreign Exchange Market to Grow by USD 516.48 Billion (2024-2028); Urbanization and Digitalization Driving Growth, Market Evolution Powered by AI - Technavio [Yahoo! Finance]Yahoo! Finance
- European Banks Still Have Upside After Market-Leading 2024 Gains [Yahoo! Finance]Yahoo! Finance
- Southern Water Lenders Tap Advisers to Help Stabilize Utility [Yahoo! Finance]Yahoo! Finance
- UBS Group AG Eyes Full Ownership of Securities Joint Venture in China [Yahoo! Finance]Yahoo! Finance
NWG
Sec Filings
- 12/17/24 - Form SCHEDULE
- 12/13/24 - Form 6-K
- 12/13/24 - Form 6-K
- NWG's page on the SEC website