Cryptocurrency fraud in the U.K. rose by 32% to 226 million pound ($273 million) in one year, according to data from the U.K. police unit Action Fraud, the Financial Times reported on Monday. The U.K.

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 ...

Fraud is the most prevalent type of crime in the UK, accounting for over 40% of offences in England and Wales, according to figures from the National Crime Agency. Criminals stole £1.17 billion ...

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 ...

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 ...

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 ...

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 ...

A report has revealed that Nigerians recorded the highest fraud among international students’ applications submitted to the British universities. In a report on Thursday by The PIE News, a UK-based ...

As sophisticated scams escalate, can a unified front finally secure the UK’s payments?

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 ...

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 ...