Fresh Quince-of-Bel Care Duties | Case by Case (Ep. 72)

With Luke on the move this week, Calum drafted in his compatriot Leo Rees-Murphy to discuss the recent Supreme Court decision in Philipp v Barclays. A really instructive decision on the duties owed by a bank to their customers with respect to fraudulent transfers. It seems inevitable that we are in for a wave of banking fraud – an inevitable outcome of AI that can replicate a person’s speech to an unerring degree of accuracy. The question in this one is whether the bank has a duty (in the face of a customer insisting that the payment is made) to look into whether the payment would be the result of a fraud…