Fraud remains a major problem as over £1 billion is stolen by criminals in 2023
Neopay
MAY 28, 2024
billion through unauthorised and authorised fraud in 2023, a four per cent decrease compared to 2022. “ Unauthorised fraud losses Losses due to unauthorised transactions across payment cards, remote banking and cheques were £708.7 million this year, down three per cent compared to 2022. . Criminals stole £1.17
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