On average, nearly eight cases of fraud in which money is stolen are reported in the UK every minute.
Two-thirds of authorised push payment scams begin on tech platforms, according to annual report from UK Finance.
The number of scam cases soared last year as criminals exploited gaps in the system, according to striking data from banking ...
Fraud losses from people being tricked into transferring money to scammers surged by nearly a fifth last year as more than ...
The fraud epidemic shows no sign of slowing, with losses surging to new heights in 2025, according to a banking industry ...
UK banks paid out £576.4mn in authorised push payment fraud losses last year, a sign that the regulator’s APP reimbursement ...
Criminals stole nearly £1.28 billion through payment fraud in 2025, according to the latest annual figures from UK Finance, ...
As the winter season kicks in, scammers are not missing the chance to target senior British residents with bogus "winter heating allowance" and "cost of living support" scam texts. The scam campaign ...
A major financial crime case has made headlines recently after a Chinese woman involved in an international fraud scheme admitted to holding illegally obtained cryptocurrency worth billions. This case ...
In just five months, sick scammers managed to extort £2.7m using extremely devious tactics WITH bloodied bandages wrapped around his head, the 19-year-old pleads for money from his mum and tells her: ...
Criminals are mounting ‘poisoning attacks’ on AI systems where they trick them into linking to websites that look like the ...
Big UK banks and big tech have joined together to commit to battling the ongoing fraud challenge which is impacting the financial services sector. Amazon, Barclays, BT, Google, HSBC, Lloyds, ...
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