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Bunq fined for late response to customer fraud complaints

Bunq fined for late response to customer fraud complaints

The Dutch online bank Bunq has been fined 170,000 euros by the Netherlands Authority for the Financial Markets (AFM). The penalty was issued because the bank failed to respond in a timely manner to fraud complaints from seven customers who were victims of online scams.

Based on reporting by nu. Translated and condensed by LocalHeadlines.

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