Unauthorised fraud fell by eight per cent to £374.3 million in first half of 2020, as the banking industry prevented £853 million of losses. Criminals are exploiting and adapting to Covid-19 with a rise in online data harvesting and a fall in cheque and contactless card fraud. £207.8 million was lost to Authorised Push Payment (APP) … Continued

Almost 15,000 impersonation scam cases reported in the first half of 2020, up 84 per cent compared to the same period last year £58 million lost to impersonation scams in January to June 2020, up three per cent on the previous year Public urged to beware of criminals exploiting Covid-19 to impersonate the police, banks, … Continued

Bank branch staff stopped £19 million of fraud in the first half of 2020 through the Banking Protocol, a scheme that alerts local police to suspected scams. The scheme has prevented victims from losing £116 million of fraud and led to 744 arrests since it was introduced three years ago. A range of scams that … Continued