In this era of connectivity, where virtual encounters often precede physical ones, online relationships have become a breeding ground for exploitation, with fraudsters capitalizing on the vulnerabilities of hopeful hearts for financial gain. Get the Full Story Complete the form to unlock this article and...
Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report. And while that amounts to an 8% drop compared to 2021 figures, there’s no debate that the battle to prevent...
The U.K. has been experiencing a widespread payments fraud epidemic in recent years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
March 13, 2024
Scam factories, where perpetrators themselves are victims of a system they help perpetuate, present a significant challenge to the integrity of global financial networks, resulting in an estimated $75 billion lost over the last four years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS […]
February 13, 2024
In this era of connectivity, where virtual encounters often precede physical ones, online relationships have become a breeding ground for exploitation, with fraudsters capitalizing on the vulnerabilities of hopeful hearts...
May 16, 2023
Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report. And while that amounts to...
February 14, 2023
The U.K. has been experiencing a widespread payments fraud epidemic in recent years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...