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
The report found that card ID theft increased, with losses up 53 per cent to £79.1million, as many criminals reverted to stealing ID and falsely applying for new credit cards or account takeovers, were they not able to trick someone through APP. Purchase scams accounted for 67 per cent of the total number of APP cases.
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