Industry leaders say bogus claims rose 14% last year, pushing up premiums for all customers ...
Purchase scams are on the rise, as new data reveals they are the fastest-growing scam in the UK - here are the top 10 scams ...
The UK Finance Annual Fraud Report reveals that criminals stole £1.28bn through payment fraud in 2025, a 4% increase on the previous year. Authorised push payment (APP) fraud losses rose even more ...
Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry. This voice experience is generated by AI. Learn more. This voice ...
Many cases involve criminals using other people’s identities to sell fake event tickets to friends and family ...
UK consumers received GBP 3.5 billion through friendly fraud in 12 months, with 6.5 million claimants and repeat behaviour a ...
Report Fraud says losses from hacked email and social media accounts reached £6.3M in 2025-26, up 417%, as criminals target ...
Fears of being scammed are causing one in three UK consumers to abandon online purchases, according to a study. Some 31% of consumers have stopped at least one online purchase because they were ...
It’s estimated that Xinbi processed more than $19.9 billion in illicit flows between 2021 and 2025 and that the platform is deeply interconnected with a range of other illicit services. The UK ...
yes Subscribe to our daily newsletter, PYMNTS Today. “While this points to a reduction in the average loss per case, criminals are targeting ever more victims in order to maintain flows of illicit ...
Financial fraud has become one of the UK’s most damaging, persistent, and underestimated national threats. The appointment of the UK’s first Fraud Minister marks a decisive moment—one that could, if ...
UK consumers have been on the receiving end of a huge influx of online fraud, losing over £11bn ($13.8bn) in the past 12 months, according to Cifas. The fraud prevention non-profit surveyed 2000 Brits ...
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