back Back

UK has become the global hub for fraud due to an explosion of cybercrime

By Puja Sharma

June 29, 2022

  • bank frauds
  • banks in UK
  • Credit Card Fraud
Share

The UK has become the global capital of fraud, with losses rocketing to almost £3b a year, a Daily Mail investigation revealed. The losses per person in the UK are far higher than in other leading Western economies, including the United States, Canada and Australia. There were 383,132 fraud reports in the UK between April 30 […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

IBSi Daily News Analysis + monthly IBSi FinTech Journal

Daily insightful Financial Technology news analysis

Weekly snapshots of industry deals, events & insights

Weekly global FinTech use cases

Chart of the Week curated by IBSi’s Research Team

Monthly issues of the iconic IBSi FinTech Journal

Exclusive invitation to a flagship IBSi on-ground event of your choice


£19.99/monthly - Subscribe Now!
Previous Article

June 28, 2022

RBI on tokenising cards to create a secure payment system in India

Read More
Next Article

June 29, 2022

New report on FinTech’s ethical and sustainable growth

Read More










Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

August 12, 2022

Do Neobanks pose a threat to traditional banking?

Read More

August 12, 2022

Industry leaders welcome RBI’s tightening of rules around digital lending

Read More

August 11, 2022

The deep dive: Digital wealth management

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
IBS Intelligence - Global Digital Banking Vendor & Landscape Report Q2 2022
Global Digital Banking Vendor & Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Wealth Management & Private Banking Systems Report Q2 2022
Wealth Management & Private Banking Systems Report Q2 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Treasury & Capital Markets Systems Report Q2 2022
Treasury and Capital Markets Systems Report 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022