Victims have lost tens of thousands – and in one case £300,000 – due to fake emails from solicitor or estate agent ...
The NHS is at risk of losing £1.35bn to fraud every year it can be revealed. The health service warned every pound lost is a ...
Authorised push payment (APP) fraud losses have fallen by an estimated £73 million annually, according to a review into the impact of rules requiring banks to reimburse victims. APP fraud happens when ...
In its July 2024 policy statement on compliance and monitoring under the Faster Payments APP fraud mandatory reimbursement requirement, the PSR introduced some leeway on timing for PSPs to comply with ...
Over 220,000 cases were filed with the UK’s National Fraud Database (NFD) between January and June, the highest number ever ...
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 ...
Food fraud is costing the UK economy up to £2 billion every year, according to the first study to calculate its full economic impact. The research, from the University of Portsmouth, estimates that ...
Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry. This voice experience is generated by AI. Learn more. This voice ...
Record investment in fraud prevention hasn't stopped it. Candice Pressinger explains why coordinated action is what is needed ...
UK payment fraud losses reached £1.28 billion ($1.74 billion) in 2025 as criminals increasingly turned to artificial intelligence to create more convincing scams, prompting fresh warnings from UK ...