Starling Bank Launches Call Indicators amid Concerns of Impersonation

The United Kingdom’s Starling Bank has introduced a new
feature in its app designed to help protect customers from bank impersonation
scams. This feature, known as the ‘call status indicators,’ is visible on the
home screen and payment screen.

The call status indicators provide real-time information
about whether a customer is receiving a genuine call from Starling. They will
indicate if the bank has never called the customer or provide details about
when the last call occurred.

Bank Impersonation Scams Persist Financially

When users open the Starling app to initiate a payment, they
will see one of several messages. These include: “We’ve never called you,”
“We’re calling you now,” “You’re on a call with Starling,” “We aren’t calling
you,” or “No recent calls”.

Despite a reported 84% of UK adults being aware of bank
impersonation scams, these scams continue to have a significant financial
impact. They result in losses totaling approximately £78.9 million each year.

The United Kingdom’s Starling Bank has introduced a new
feature in its app designed to help protect customers from bank impersonation
scams. This feature, known as the ‘call status indicators,’ is visible on the
home screen and payment screen.

The call status indicators provide real-time information
about whether a customer is receiving a genuine call from Starling. They will
indicate if the bank has never called the customer or provide details about
when the last call occurred.

Bank Impersonation Scams Persist Financially

When users open the Starling app to initiate a payment, they
will see one of several messages. These include: “We’ve never called you,”
“We’re calling you now,” “You’re on a call with Starling,” “We aren’t calling
you,” or “No recent calls”.

Despite a reported 84% of UK adults being aware of bank
impersonation scams, these scams continue to have a significant financial
impact. They result in losses totaling approximately £78.9 million each year.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    Weekly Overview: MT4/MT5 Disruption in China, IG Group to exit South Africa, and More

    MT4 and MT5 blackout in China Another week, another set of major happenings in the FX and CFD space. In Mainland China, FX traders faced widespread disruptions in connecting to…

    Brokerage Firm OneRoyal Opens Oman Office in MENA Growth Push

    OneRoyal boosted its Middle East expansion with a new registered office in Oman, signaling a deeper push into the Gulf region’s competitive brokerage landscape. The newly formed entity, One Royal…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Weekly Overview: MT4/MT5 Disruption in China, IG Group to exit South Africa, and More

    • May 31, 2025
    Weekly Overview: MT4/MT5 Disruption in China, IG Group to exit South Africa, and More

    Brokerage Firm OneRoyal Opens Oman Office in MENA Growth Push

    • May 30, 2025
    Brokerage Firm OneRoyal Opens Oman Office in MENA Growth Push

    What Is Causing the Global Silver Shortage in 2025?

    • May 30, 2025
    What Is Causing the Global Silver Shortage in 2025?

    Hyperinflation in 2025: What Currencies Are at Risk?

    • May 30, 2025
    Hyperinflation in 2025: What Currencies Are at Risk?

    Will the Petro-Yuan Replace the Petrodollar in the Middle East?

    • May 30, 2025
    Will the Petro-Yuan Replace the Petrodollar in the Middle East?

    XAU/USD: Elliott Wave Analysis and Forecast for 30.05.25 – 06.06.25

    • May 30, 2025
    XAU/USD: Elliott Wave Analysis and Forecast for 30.05.25 – 06.06.25