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 ...

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 ...

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 ...

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 ...

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 ...

In the UK alone, consumers lost over £11.5 million to fraud last holiday season. During the brief window from November 2023 to January 2024, a staggering 16,000 reports were filed, alerting ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Two weeks on from the release of the UK’s latest Fraud ...