UK consumers received GBP 3.5 billion through friendly fraud in 12 months, with 6.5 million claimants and repeat behaviour a ...

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 ...

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 ...

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 ...

An Indian-origin couple have been jailed in the UK for fraudulently claiming to be able to provide personal protective equipment (PPE) during the COVID pandemic and then illegally laundering the funds ...

UK, Hungary, Sweden and Denmark are only four countries to improve card fraud losses Portugal and Netherlands saw losses exceeding 15 percent Threat levels on cards increased 32 percent in UK LONDON-- ...

Internet and e-commerce fraud in the UK rose by 179% during the period from 2010 to 2020, according to an analysis by Uswitch.com. In 2020 alone £376.5m was lost to internet and e-commerce fraud in ...

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 ...

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 ...