The UK’s new Fraud Strategy is not just a tougher stance on criminals, it is a blueprint for pushing fraud prevention onto the infrastructure providers that may enable frauds to scale. For banks, the ...
How widespread is online fraud? According to UK reported crime data, almost 9 in 10 Internet users indicate they have encountered what they believed to be a scam or fraud online. Nearly half of ...
UK consumers experienced higher volumes of fraud and more losses in the first half of the year, compared to the same time period in 2024, according to the latest figures from the banking industry. UK ...
Fraud and financial crime remain a significant challenge for UK businesses in 2025. From banks and fintech’s to retailers and telecom providers, organisations are working hard to stay ahead of ...
LONDON--(BUSINESS WIRE)--Cyber fraud, including advanced schemes like AI-generated scams and business email compromise (BEC), surged across UK businesses in 2024, according to new data released today ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Finextra’s survey report ‘Turning the Tide on UK Financial ...
UK Finance said it was “shocked but not surprised” at a 4% increase in the amount stolen by payment fraudsters, and called for more action by tech firms that are inadvertently “profiting” from fraud.