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UK fraud figures make for grim reading – APP fraud scams hit new highs

The latest fraud figures released by UK Finance show the scale of the fraud problem in payments is only growing, despite the efforts of the banking and finance industry. In... read more

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authorised push payment (APP), Authorised push payment fraud, Authorised Push Payment Scams Voluntary Code, Cyber Security, Daily news, Fraud, Fraud & Security, Risk & Compliance, UK Banking, unauthorised fraud -

UK Banking industry stops £4.5 million of fraud a day in H1 2019

The finance industry prevented £820 million of unauthorised fraud in H1 2019, up 14% on the previous year, according to the latest figures from UK Finance. This is equivalent to £2... more

The post UK Banking industry stops £4.5 million of fraud a day in H1 2019 appeared first on Payments Cards & Mobile.

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