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

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 ...

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 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 ...

Fraudulent tenancy applications could be exposing the UK’s private rented sector to up to £4.1 billion in annual financial losses, according to a new report from property technology firm Goodlord. The ...

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 ...