Cyber and fraud protect officer Ryan Brennan explains how to protect your business from payment diversion fraud.

A shameless husband and wife team of NHS workers swindled their employer out of £279,000 by stealing vital medical supplies and then selling them back to a cash-strapped hospital trust. Emmanuel Nbanga,

Authorised push payment (APP) fraud losses have fallen by an estimated £73 million annually, according to a review into the impact of rules requiring banks to reimburse victims.APP fraud happens when people are tricked into transferring money to criminals for a variety of reasons,

Fraud and financial crime remain a significant challenge for UK businesses in 2025. From banks and fintech’s to retailers and telecom providers, organisations are working hard to stay ahead of increasingly sophisticated threats. According to the latest ...

Scams involving gold, cryptocurrencies and wine rise as criminals use AI to increasingly carry out larger-scale fraud

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 the UK, which was more heavily impacted by this type of ...

Cryptocurrency fraud in the U.K. rose by 32% to 226 million pound ($273 million) in one year, according to data from the U.K. police unit Action Fraud, the Financial Times reported on Monday. The U.K. is in a recession and the cost of living has increased ...

UK consumers lost hundreds to online fraud as AI-powered scams grow, with businesses facing rising pressure to protect trust in the digital economy.

UK consumers experienced higher volumes of fraud and more losses in the first half of the year, compared to the same time period in 2024, according to the latest figures from the banking industry. UK Finance’s Half Year Fraud Report 2025 revealed a 3% ...

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 the requirement to amend their T&Cs to inform customers ...