UK Finance

144 results about this entity

Period: 02 Jan 2002 - 01 Aug 2024

Criminals behind £217K scam jailed for total of 55 months

Two criminals from London have been sentenced at Inner London Crown Court after pleading guilty to conspiring together to commit £217,000 of fraud.

/security

APP fraud losses overtake card crime in H1 2021

Losses to authorised push payments fraud topped card fraud for the first time in H1 2021, acccording to new figures from UK Finance.

/security

UK banking industry-funded police unit prevents £85m of fraud

A specialist police unit which targets the organised criminal gangs behind fraud prevented a further £85 million from being stolen in the first half of this year.

/security

Crypto firm Gemini supports UK's Take Five to Stop fraud campaign

Today, we are proud to announce that Gemini has joined the Take Five Charter in the UK alongside other leading financial institutions, banks, and fintechs.

/crypto

UK Finance reports on the financial crime risks from crypt assets

UK Finance, in conjunction with financial crime compliance firm Plenitude, has today released a report looking at the financial crime risk posed by cryptoassets and how to manage it appropriately.

/security

Top tech companies pledge £1 million to UK anti-fraud campaign

Major technology companies, including Google, Facebook, Instagram, Twitter, Amazon, Microsoft and TikTok have pledged £1 million to an anti-fraud campaign in the UK

/security

Too polite to say no: Losses from impersonation scams more than double in H1

The public is being warned about a sharp increase in fraudulent calls, texts and emails as new figures from UK Finance show the number of impersonation scam cases more than doubled in the first half of 2021 to 33,115.

/payments

Charities suffer as UK public hoards loose change

Figures from UK Finance show that the British public are sitting on piles of loose change worth an estimated £50 million.

/payments

Open Banking variable recurring payments hackathon open for applications

Leading brands in the world of open banking today announced an important new open banking challenge: The VRP Hackathon.

/payments

UK contactless limit to rise to £100 in October

Brits will be able to make contactless payments of up to £100 from 15 October, UK Finance has confirmed.

/payments

UK Payments Standards Strategy Group urges more co-ordination to reap benefits of tech challenges

In 2021, members of UK Finance outlined an ambitious ten-year strategy for the payments industry with the publication of the Future Ready Payments 2030 report.

/payments

Pandemic drives annual surge in A2A payments and contactless transactions in UK

During 2020 the number of contactless payments made in the UK increased by 12% to 9.6 billion payments, with the pandemic driving a mass-market switch away from physical cash.