How Retailers Can Protect Against Rising Fraud Threats Retail October 18, 2024 In 2023, UK retailers faced substantial financial losses due to cyber attacks and fraud, totalling £11 billion.The rapid advancement of…
AI Drives Significant Progress in Combating Financial Fraud Business October 17, 2024 Artificial intelligence is proving to be a game-changer in the fight against financial fraud. By analysing vast datasets, the U.S.…
Reduction of Fraud Cap by PSR Sparks Debate Technology October 13, 2024 The Payment Systems Regulator’s decision to reduce the fraud reimbursement cap could hinder fraud prevention efforts.The cap reduction lowers banks’…
Revolut Calls for Social Media Fraud Responsibility Technology October 3, 2024 Revolut is urging social media companies, particularly Meta, to take greater responsibility for preventing and compensating fraud victims. Currently, financial…
Banks to gain new powers to freeze large payments for fraud checks Business September 7, 2024 Banks in the UK will soon be granted new powers to freeze large payments for up to four days as…