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Our Annual Fraud report, sponsored by Feedzai, highlights that last year the banking and finance industry continues to work to protect customers from fraud and to go after the criminals behind it.
Over £1.2 billion was stolen through fraud in 2022, a reduction of eight per cent on 2021. The number of fraud cases across the UK was down four per cent to almost three million cases.
Given so much fraud is initiated from criminal activity taking place through online platforms and telecommunications UK Finance and its members have long called for far greater cross-sector action to tackle the problem at source.
PDF: 3 MB
11.05.23
15.05.23
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