Research, Survey and Statistics

The survey give context on the risks to UK society and how banks and financial institutions choose to respond. While financial firms’ fraud prevention strategies range from implementing the latest technologies to hiring financial crime professionals, the costs of fighting fraud are high and growing.

https://blog.vasco.com/legal/uk-financial-crime-fraud-money-laundering/

The report from payments platform provider Adyen found that retailers are increasing their efforts to prevent fraudulent transactions, with more than 75% of them saying they are prepared for fraud or have active fraud prevention systems in place.

https://www.essentialretail.com/news/retailers-experienced-fraud-hike/

According to fraud prevention service Cifas, the amount of Brits under the age of 21 who are falling foul of financial scams is on the rise.

https://www.moneyexpert.com/banks/number-young-people-falling-victim-fraud-alarming/

The Institute for Criminal Policy Research (ICPR) at Birkbeck, University of London has been funded by The Dawes Trust to undertake research examining The Role of Professional Enablers and Money Launderers in the Facilitation of Organised Fraud in the UK.

https://bbk.onlinesurveys.ac.uk/the-role-of-professional-enablers-and-money-lau

More and more youngsters under the age of 21 are falling victim to money scams, according to the anti-fraud organisation Cifas.

https://www.bbc.com/news/business-45809718

The consumer group said its analysis of available figures found that more than 96% of crimes reported to UK body Action Fraud are closed without a successful outcome.

https://uk.finance.yahoo.com/news/shockingly-low-number-fraud-cases-230100736.html

Big Four auditor KPMG revealed last month that the value of alleged fraud cases reaching UK courts in the first half of 2018 reached GBP 895 million.

https://www.cdr-news.com/categories/litigation/featured/8600-uk-fraud-cases-reach-record-high

NFU Mutual's Food Fraud Report 2018, which holds responses from over 2,000 British consumers, suggests there’s a big problem with perception and trust on the supermarket shelves.

https://www.farminguk.com/news/Survey-shows-one-quarter-of-Brits-have-experienced-food-fraud_50305.html

The average fraud victim loses £608 but one in seven has been defrauded by more than £1,000, according to Shieldpay’s fraud tracker.

https://www.yourmoney.com/saving-banking/12-3-million-brits-victims-online-fraud-stay-safe/

A police chief has said technological advances have made work easier for fraudsters, with new figures showing an increase in the crime across Scotland.

https://www.scotsman.com/news/fraud-offences-rise-in-scotland-1-4791786