A government-backed review says magistrates and judges aren't ready for a coming surge in crypto money laundering and AI-enabled fraud cases.

By Kirstin Ridley LONDON, July 14 (Reuters) - Britain should pave the way for its Serious Fraud Office to financially reward ...

UK payment fraud losses reached £1.28 billion ($1.74 billion) in 2025 as criminals increasingly turned to artificial ...

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 ...

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 ...

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 ...

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 ...

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 ...

The UK’s Financial Conduct Authority (FCA) says it is working with payment service providers to do more “to protect consumers from fraud, including authorized push payment (APP) fraud.” While FCA‘s ...

Meta, the parent company of prominent social media platforms Facebook, Instagram, and WhatsApp, gets under fire from MPs, consumer groups, and the UK banking industry for failing to prevent a rise in ...

LONDON--(BUSINESS WIRE)--The 2021 European Fraud Map produced by global analytics firm FICO, with data from Euromonitor International and UK Finance, shows the United Kingdom and the Nordic region ...