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

By Phoebe Seers LONDON, June 15 (Reuters) - Britain’s banks recorded the sharpest increase in losses to certain types of ...

Criminals stole nearly £1.28 billion through payment fraud in 2025, according to the latest annual figures from UK Finance, ...

UK banks paid out £576.4mn in authorised push payment fraud losses last year, a sign that the regulator’s APP reimbursement ...

The fraud epidemic shows no sign of slowing, with losses surging to new heights in 2025, according to a banking industry ...

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 ...

It is no secret that fraud is on the up in the UK. For the year ending September 2025, the Office for National Statistics ...

Two-thirds of authorised push payment scams begin on tech platforms, according to annual report from UK Finance.

Hospitality businesses are facing a rise in fake complaints, with fraudsters using AI-generated images to gain refunds and ...

On 19 December 2023, the Payment Systems Regulator (PSR) published its final policy statement on fighting authorised push payment (APP) scams alongside three legal instruments that will give effect to ...

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 ...