Tag: UK Finance
ICO urges ‘responsible and effective data sharing’ to fight fraud
The Information Commission Officers (ICO) has become the latest UK regulator to weigh in on the extent of fraudulent activity in the country and...
‘This isn’t a fight we will win alone’ – Britain loses...
A total of £571.7m was stolen by fraudsters in the UK in H1 2024, according to data released by the country’s trade body, UK...
UK Treasury gives banks new fraud prevention powers
Across the British financial services ecosystem there seems to be one word dominating conversations at the moment - fraud. The risks of fraud and...
UK Finance: Regulated Liability Network can drive UK economy forward
The British trade body for financial services, UK Finance, has concluded that a ‘Regulated Liability Network’ (RLN) can provide economic benefits to the UK...
CFIT Chair Charlotte Crosswell: Why Smart Data may prove ‘transformative’ for...
The UK is on a path of economic recovery, but the recently elected Labour government faces the heavy task of providing the right parameters...
Cards and contactless dominate UK payments but cash still kicking
The digitisation of Britain’s payments networks continues at a rapid pace, although this does not mean that use of physical cash is disappearing altogether. The...
Banks and charities unite to simplify account management
UK Finance has launched a new site to help charities and voluntary organisations open and manage bank accounts.This announcement marks the final step of...
UK Finance reveals 93% of all UK cards are now contactless
UK Finance's Card Spending Update for March 2024 indicates a continued rise in the number of issued contactless cards and their usage.UK Finance’s data...
UK Finance: future govt must support Britain’s financial services success story
The UK general election is just over a month away, and UK Finance has outlined the policies it believes the next government should pursue...
UK fraud dips slightly in 2023 but industry notes ‘no silver...
Both the number of cases of fraud and the amount stolen via it fell in the UK last year, but the country’s finance industry...
