Uk Finance news and trends

UK Fraud Reimbursement Platform Sees Slow Adoption by Financial Institutions
Security & Fraud // February 25, 2025

Banks and payment companies have been slow to adopt a new platform in the U.K. that is meant to streamline the reimbursement of consumers who have fallen victim to online fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Is the UK Brexiting From Instant Payments?
Faster Payments // March 21, 2024

It’s often said that history repeats itself. It’s hard to look at the current state of play regarding instant, or real-time, payments in the EU and U.K. right now and not think about that adage. Because right after the EU standardized an ambitious plan to...

British Finance Sector Wants Delay on New Capital Requirements
Bank Regulation // August 06, 2023

England’s central bank is reportedly being pressured to forestall new capital requirements. 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. By...

UK Finance: 61% of Push Payments Fraud Tied to Meta
Security & Fraud // July 09, 2023

British lobbying group UK Finance has reportedly tied a bulk of the country’s digital payments fraud to Meta Platforms. 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...

Interviews & Exclusives
Is the UK Brexiting From Instant Payments?

March 21, 2024
It’s often said that history repeats itself. It’s hard to look at the current state of play regarding instant, or real-time, payments in the EU and U.K. right now and not think about that adage. Because right after the EU standardized an ambitious plan to accelerate instant payments, the U.K. has countered with a proposal […]

Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI

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...

UK Finance: How Far Can AI Go in Fighting Fraud?

March 16, 2023
Much has been said about the potential new technologies like artificial intelligence (AI) and machine learning have in transforming fraud detection and fraud prevention across industries. Get the Full Story...

Report: Some UK Merchants Remain Reluctant To Embrace SCA

August 18, 2020
Most markets including the European Union, the United Kingdom and the United States have seen a jump in online transaction volume as consumers react to the pandemic. Get the Full...

Quick Reads
UK Fraud Cases Jump 12% as Criminals Find New Scams

May 28, 2025
Fraud reports continue to climb in the United Kingdom despite legislative victories. 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. By completing this form, you agree to receive marketing communications from […]

UK Fraud Reimbursement Platform Sees Slow Adoption by Financial Institutions

February 25, 2025
Banks and payment companies have been slow to adopt a new platform in the U.K. that is meant to streamline the reimbursement of consumers who have fallen victim to online...

British Finance Sector Wants Delay on New Capital Requirements

August 06, 2023
England’s central bank is reportedly being pressured to forestall new capital requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

UK Finance: 61% of Push Payments Fraud Tied to Meta

July 09, 2023
British lobbying group UK Finance has reportedly tied a bulk of the country’s digital payments fraud to Meta Platforms. Get the Full Story Complete the form to unlock this article and enjoy...