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UAE residents call for greater protection from banking fraud

Sunday, 11 October 2015 17:12

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UAE residents are calling for greater protection from banking fraud. It comes after dozens of Dubai expats had their cards cloned, and money stolen. Although there are systems in place to claim money back, the process can take several months. Jenny says a large amount was stolen from her online account via wire transfer, and she still hasn’t got it back. She wants the banks to improve.

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Robin Amlôt, who’s Chief Executive Officer of CPI Financial, who publish Banker Middle East. He admits the banks could do better.

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