Payment fraud is nothing new. In some ways, though, it’s a much bigger problem today than in the past. The rise of online shopping and banking has given criminals new, more effective ways to trick ...

Martin Lewis has branded the Prime Minister’s attitude towards online rip-offs as “woefully lacking”. Mr Lewis, founder of ...

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 ...

We recently shared some insights highlighting a critical issue for the financial services industry: as UK consumers increasingly rely on digital platforms, synthetic fraud is on the rise. Our latest ...

Britain’s attempts to slow down the explosion in online fraud “aren’t working,” according to Charlie Nunn, chief executive officer of Lloyds Banking Group Plc. Nunn told the Treasury select committee ...

The U.S. ranks as the country most affected by online fraud, with a fraud risk score of 64.2. However, France is also heavily impacted and the country experiences one of the highest financial losses ...

Under a new partnership with the government aimed at combating fraud, Britain's largest mobile carriers have committed to upgrading their networks to eliminate scammers' ability to spoof phone numbers ...

Fraud-as-a-service (FaaS) is a cybercrime business model in which bad actors sell tools, infrastructure and expertise that enable others to commit fraud more easily and efficiently. FaaS offerings, ...

The UK’s National Crime Agency (NCA) has teamed up with the National Federation of Builders (NFB) to warn the construction sector of the growing risks of invoice fraud. The awareness campaign is aimed ...