One trader says her "heart sank" after discovering she had lost money through a scam festival invitation.

LONDON--The 2025 European Fraud Map from global analytics software leader FICO (NYSE: FICO) shows that the UK financial services sector is making good strides in preventing fraud, as card fraud losses ...

The convergence of instant payment infrastructure and generative Artificial Intelligence (AI) has created new operational challenges for the UK retail banking sector. According to the UK Finance ...

A major UK review of fraud has recommended that judges and magistrates be trained to handle a coming wave of cases involving cryptocurrency money laundering and fraud powered by artificial ...

NatWest has shared an update on the fastest growing scams of 2024. The update from UK’s NatWest noted that an increase in fake parcel delivery texts, social media marketplace scams and AI voice ...

Telecommunications industry leaders in India and the UK will harness the power of Artificial Intelligence (AI) to tackle online fraud, scams and harms.

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 ...

According to the Q4 2024 Global Call Threat Report, UK residents received an average of four spam calls per month, with the share of unknown spam calls rising from 28% to 32%. This tally has ...

Fraud reports continue to climb in the United Kingdom despite legislative victories. “While this points to a reduction in the average loss per case, criminals are targeting ever more victims in order ...

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, ...

Romance scam reports have risen 20% year-over-year during the first quarter of 2025, according to new data from UK banking giant Barclays. The report found that romance scams are continuing to rise in ...

EE introduced a monthly subscription offering scam detection services for its mobile subscribers, in an effort to combat millions of spam calls affecting UK customers each year. Dubbed Scam Guard, the ...