Victims have lost tens of thousands – and in one case £300,000 – due to fake emails from solicitor or estate agent ...

This is difficult for a rules engine to achieve on its own. Every additional rule tends to catch more good customers ...

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 ...

Over 220,000 cases were filed with the UK’s National Fraud Database (NFD) between January and June, the highest number ever ...

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 ...

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 ...

On 17 April 2024, the Payment Systems Regulator (PSR) published a consultation on the data and information that payment service providers (PSPs) will be required to ...

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 ...