Fraud and cybercrime now cost UK victims billions of pounds every year, yet many attacks begin with something seemingly ...

The U.K.’s Dedicated Card and Payment Crime Unit, a specialized police unit funded by the banking and finance industry, dismantled 13 organized crime groups in the first half of this year, or more ...

A man uses a laptop at a coffee shop in downtown Hanoi. - AFP A man uses a laptop at a coffee shop in downtown Hanoi. - AFP How widespread is online fraud? According to UK reported crime data, almost ...

Financial losses from people being tricked into transferring money to a fraudster increased by 12% annually in the first half of this year, with investment scams playing a key role in the rise, ...

UK Finance, a trade association for the UK banking and financial services sector, joined forces with Which?, a consumer advocacy group, to issue a compelling call to action in a letter addressed to ...

Online scams are evolving faster than ever, exploiting AI, social engineering, and current events. From phishing emails to fake websites and crypto investment fraud, scammers leverage urgency, fear, ...

The U.S. ranks as the country most affected by online fraud, with a fraud risk score of 64.2. However, France is also heavily impacted and the country experiences one of the highest financial losses ...

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 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Two weeks on from the release of the UK’s latest Fraud ...