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 ...

US, Canada, Australia, and New Zealand back a package of UK-led measures to strengthen international action against fraud and ...

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 ...

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 ...

LONDON--(BUSINESS WIRE)--The FICO European Fraud Map 2024 has revealed a worrying trend of rising card fraud levels and losses across the continent. The data from Euromonitor International on 18 ...

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 ...

Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase from £1.14 billion reported during the previous year, according to the ...

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 ...

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 ...