When the UK suddenly became far more reliant on digital networks for work and life at the start of the pandemic, fraudsters saw an opportunity to double down on their efforts. This surge of bad actor behaviour left businesses and regulatory bodies working hard to..
Read moreAs UK consumers face continued pressure on household budgets with inflation and spiralling energy costs there have been renewed warnings about the risk from fraudsters targeting the cost-of-living crisis.A number of organisations and experts have issued warnings over..
Read moreA major risk facing consumers and businesses alike is financial fraud. In our post-COVID world, financial fraud has become a constant and rapidly-evolving threat; new challenges, protections and practices are being implemented all the time and in this blog, we've..
Read moreOne of the many challenges in our post-COVID world has been a steep rise in financial fraud, and one of the most common types of fraud facing consumers is Authorised Push Payment fraud.
In this blog, we'll cover everything you need to know about APP fraud, from how it..
Read moreTechnological advancements are on the rise, coming from all directions. That means, however, that technological fraud is too.
Read moreCustomer chargebacks are one of the immediate ways fraudulent activity impacts businesses. When fraudulent purchases are made through a customer's account, companies have to process chargebacks and their associated costs.Online merchants and banks that experience..
Read moreInteractive Voice Recognition (IVR) applications are telephone systems that can interpret and respond to a person's voice. These systems are commonly used in over-the-phone customer support. For example, an account holder contacts customer support and is asked by the..
Read moreRemote banking fraud occurs in three categories: internet banking, telephone banking and mobile banking. Of these three, internet banking fraud is by far the most costly, representing £123 million of the total £152.9 million lost to remote banking fraud in 2018.
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