Crypto fraud has industrialized. The UK is showing how enforcement can keep up.

Josie Welland outlines the steps management must take to embed fraud prevention, strengthen controls, improve authentication, ...

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 ...

Leading UK universities, the Russell Group, are calling for a focused strategy against student visa fraud. They emphasize ...

As highlighted in our recent Engage article on the PSR’s proposals on compliance and monitoring requirements for the APP reimbursement requirement for FPS, the PSR is consulting on a specific ...

Insurance fraud has surged an astonishing 290% in under a decade, with plastic card fraud – most likely to be used by older ...

Internet and e-commerce fraud in the UK rose by 179% during the period from 2010 to 2020, according to an analysis by Uswitch.com. In 2020 alone £376.5m was lost to internet and e-commerce fraud in ...

In June the UK Government gave royal assent to allow the Payment System Regulator (PSR) to mandate reimbursements for scam victims. Consumer and small enterprises (<£5 million revenue) are to receive ...

Vijayawada: A major fraud case involving a UK-based YouTuber couple has taken a fresh turn, with police initiating the ...

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 ...