There are concerns about the banking sector, and the impact of that turmoil on the global economy – Copyright AFP/File Richard A. Brooks AI-driven banking scams ...

M Ecospend contract will let users share bank-verified information as another way to prove identity for government services.

Bank impersonation scams are some of the most common and effective fraud schemes that criminals use. Scammers often make requests that your actual bank would never make, such as asking you to move ...

A new study finds that if a bank can identify a fraudster, victims are much more likely to stay with the bank than customers who experienced no fraud at all. If the bank can't find the criminal, ...

UK consumers received GBP 3.5 billion through friendly fraud in 12 months, with 6.5 million claimants and repeat behaviour a ...

The boss of a collapsed shadow bank has blamed Barclays for the lender’s failure as he fights a £1.3bn fraud claim.

Some of Britain’s largest banks have completed what industry group UK Finance describes as the world’s first interbank transactions using tokenised deposits, ...

The False-Alarm Inundation: Because so many legacy core platforms still rely on sluggish, batch-mode data processing, 33% of ...

A new Online Crime Centre is set to take the fight to cyber-crime as part of the UK government’s expanded anti-fraud strategy In a joint announcement, the UK Home Office and the National Crime Agency ...

A coalition of global banks says agentic AI tools that make purchases on behalf of consumers could expose card details and weaken payment security.

For nearly ten years, UK retail banking treated Open Banking mainly as a regulatory requirement. Under the CMA9 mandate and the initial framework set by the Joint Regulatory Oversight Committee (JROC) ...