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At UK Finance we continue to develop our strategy of supporting the UK’s position as a global leader in financial services, working with members to ensure we are the safest and most transparent place in the world to do business.
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Fraud the Facts 2020
Fraud continues to pose a major threat to the UK and as criminals become ever more imaginative in their attempts to steal customers’ money, this shows no sign of changing.
Our Fraud – the Facts 2020 report highlights that last year investment by the finance industry in advanced security systems to protect customers prevented more than £1.8 billion of unauthorised fraud. But criminals still successfully stole over £1.2 billion through fraud and scams in 2019.
