Kerry Nelson and Jacqueline Stephens plead guilty at Portsmouth Crown Court to defrauding four clients of £2m; sentencing is set for 10 December 2026.
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 ...
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 ...
Food fraud is costing the UK economy up to £2 billion every year, according to the first study to calculate its full economic impact. The research, from the University of Portsmouth, estimates that ...
As the Financial Times reported Sunday (July 9) — citing unnamed sources — the group has written to Jeremy Hunt, the British chancellor, saying that its data has found that 61% of all reported ...
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 ...
A fraud trial involving Motor House UK has collapsed after evidence-handling failures by Derby City Council made a fair trial ...
Hosted on MSN
What is a deepfake? UK fraud losses hit £1.28B as banks warn AI makes scams harder to spot
UK payment fraud losses reached £1.28 billion ($1.74 billion) in 2025 as criminals increasingly turned to artificial intelligence to create more convincing scams, prompting fresh warnings from UK ...
By downloading this document, you understand and agree that any sharing, distribution or republishing of the content, without prior written authorisation from the author or content managers at UK ...
AI mortgage fraud is already being detected at UK lenders — but regulation has yet to match the pace of adoption ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results