UK Finance: Fraud is Down But Over £1billion is Still Stolen by Criminals – What’s Next for the UK?
The Fintech Times
MAY 22, 2024
Last year, UK Finance announced that over £1.2billion was stolen through fraud throughout 2022. Looking at this type of fraud beyond card ID theft, UK Finance announced that losses due to unauthorised transactions across payment cards, remote banking and cheques were £708.7million this year, down three per cent compared to 2022.
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