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UK Finance reports GBP 571.7 mln lost to fraud in first half of 2024

News | Digital Identity, Security & Online Fraud | 18 Oct 2024

UK Finance has released its Half Year Fraud Report for 2024, outlining trends in payment fraud and scams reported by its members during the first half of the year.

payments , fraud management, scam, APP fraud, financial services

UK Finance and Addleshaw Goddard unveil VRP model report

News | Online & Mobile Banking | 24 Apr 2024

UK Finance in collaboration with law firm Addleshaw Goddard has unveiled a report focusing on Variable Recurring Payments (VRPs) within commercial contexts in the UK.

recurring payments, Variable Recurring Payments, PSP, online security

UK Finance proceeds with RLN experimentation phase

News | Online & Mobile Banking | 16 Apr 2024

Financial services provider UK Finance has announced its plans to work on an additional UK Regulated Liability Network (RLN) experimentation phase with eleven of its members. 

digital payments, online banking, digital banking, fraud management, fraud prevention, tokenization

SME lending totalled GBP 3.5bn in Q4 2023, report says

News | Online Payments | 19 Mar 2024

UK Finance’s Business Finance Review has revealed that SME lending reached GBP 3.5 billion in the fourth quarter of 2023.

report, SME lending, SMEs, financial services

UK Finance research: 2022 fraud losses exceed GBP 1.2 bln

News | Digital Identity, Security & Online Fraud | 12 May 2023

UK Finance has released its Annual Fraud Report in partnership with Feedzai showcasing that financial fraud losses in the UK throughout 2022 exceeded GBP 1.2 billion.

research, report, financial crime, online fraud, payment fraud, cybercrime, cybersecurity, APP fraud, fintech, banking, identity theft