UK Finance Reports that 70% of Automated Push Payment Scams Originated via Online Platforms
UK Finance, a trade association for the UK banking and financial services sector (representing around 300 local companies offering credit, banking, markets and payment-related services), has shared an analysis of almost 7,000 authorized push payment (APP) scam incidents. The analysis reveals that around 70% of… Read More
Read more in: General News, Fintech, Global, Politics, Legal & Regulation | Tagged consumer behavior, cybercriminals, david postings, europe, financial crime, fraud, fraudulent activities, internet scams, money mules, online safety bill, online scams, scams, uk, united kingdom