Financial scams perpetrated against U.K. households and companies increased 16 percent in 2018, according to new data. The Financial Times, citing the trade body UK Finance, reported bad guys were able to steal £1.2bn last year, up from £967m in 2017. The uptick in fraud...
May 25, 2023
The heated battle between fraudsters and financial institutions (FIs) got hotter during the pandemic-era run-up in eCommerce and the use of alternative payment methods. This joyless game of whack-a-mole is keeping fraud fighters busy, but their adversaries never sleep. This is analyzed in “The State Of Fraud And Financial Crime In The U.S.,” a PYMNTS […]
March 21, 2019
Financial scams perpetrated against U.K. households and companies increased 16 percent in 2018, according to new data. The Financial Times, citing the trade body UK Finance, reported bad guys were able to steal £1.2bn last year, up from £967m in 2017. The uptick in fraud comes as banks wrestle with fighting data breaches, some of […]
