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As the Black Friday and Cyber Monday season gets underway, the Competition and Consumer Protection Commission is urging shoppers to exercise strong caution amid a rise in sophisticated online scams. The agency’s latest research indicates that nearly a quarter of consumers plan to buy during the sales period, creating fertile ground for fraudsters seeking to…

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European Union negotiators have reached a provisional agreement on a new framework aimed at reducing online payment fraud and improving consumer protection. The measures will place greater responsibility on banks and payment service providers, while also introducing new obligations for online platforms. Under the draft rules, payment service providers will be required to reimburse customers…

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