Financial crime Stories - Page 2

UK Stories

Financial crime stories

Curve uses BigQuery Graph to tackle fraud networks

Automated graph-based checks saved Curve about USD $12 million in fraud losses in 2025 as it mapped linked accounts, devices and cards.

By Sean Mitchell • 3 min read • Last month

Fintech

UK fraud losses hit GBP £1.28 billion as scams rise

Scams that trick people into authorising payments drove UK fraud losses to GBP £1.28 billion last year, FICO said.

By Sofiah Nichole Salivio • 4 min read • Last month

Phishing

London sees sharp rise in personalised scam attempts

Nearly six in ten Londoners have seen more scam attempts in the past year, with social media fraud and AI-made ruses fuelling concern.

By Mark Tarre • 3 min read • Last month

Data Protection

UK Finance backs bank app digital ID verification pilot

Customers could soon verify their age, address and identity through banking apps, as lenders test a voluntary check-sharing service to curb fraud.

By Karen Joy Bacudo • 3 min read • Last month

Fintech

Ecommpay urges sector-wide push to stop fraud earlier

Fraud losses could fall if banks, merchants and regulators align on earlier intervention, Ecommpay says in a new report.

By Sofiah Nichole Salivio • 4 min read • Last month

Data Protection

Starling launches AI scam checker for five million

Customers can now quiz Starling's app before sending money, as UK fraud losses climb and romance scams hit savers hardest.

By Karen Joy Bacudo • 4 min read • Last month

Global Stories

Financial crime stories

Data Protection

Asia-Pacific digital economies face highest identity fraud

Remote onboarding is leaving Asia-Pacific's most digital markets exposed, with Indonesia seeing the highest identity-fraud signals in Shufti's data.

By Sean Mitchell • 5 min read • This month

Data Protection

UpGuard links pirate football streams to offshore betting

Exposed logs show viewers of pirate football streams were steered towards offshore betting sites, raising privacy and fraud risks ahead of the 2026 World Cup.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Risk & Compliance

Trading Technologies adds market replay surveillance

Exchanges and regulators get a 90-day playback of order books, as Trading Technologies expands its surveillance tools across asset classes.

By Karen Joy Bacudo • 3 min read • Last month

Gaming

LexisNexis & Promon team up on mobile fraud defence

Fraud teams will gain extra app-level signals as the firms combine mobile protection with identity intelligence to catch tampering and abuse.

By Sean Mitchell • 3 min read • Last month

Software-as-a-Service

Wultra raises EUR €6.8m in Series A led by Seventure

Cybersecurity group Wultra will use the funding to expand its digital identity platform as banks face rising AI-driven fraud and quantum risks.

By Karen Joy Bacudo • 4 min read • Last month

Network Security

Infoblox links DCloud app to vast scam website network

More than 5 million connection attempts from 985 organisations show scam traffic is increasingly reaching workplaces via social apps and personal devices.

By Joseph Gabriel Lagonsin • 4 min read • Last month