The UK is seeing more than 1,200 fraud cases each day, with more than half of them linked to identity fraud, according to new figures from fraud database Cifas.
Pension scheme administrators and trustees in the UK have been advised to review and, if necessary, update processes around data security and identity verification amidst concerns over impersonation ...
News summary Veyco and Entrust join forces to power Qualified Electronic Signatures (QES) with AI-powered identity verification, enabling fully remote signing. The solution streamlines processes in a ...
The data analysis and fraud prevention firm highlights that stolen identity reuse rises to 66 percent in cases linked to ghost broking.
A record number of fraud reports were made to the UK’s database in 2025, as criminals continue to take advantage of ...
SIM-swap and money muling cases rise amid growing AI fraud threat. Fraud cases in the United Kingdom climbed to a record level last year as criminals increasingly used artificial intelligence to scale ...
The government had proposed merchants be allowed to refuse card payments for transactions worth less than 60 euros - Copyright AFP Olivier DOULIERY The government had ...
Current levels of motivation among citizens are low, driven by unclear benefits and confusion about the purpose of digital identity. Large segments of the population—older adults, those without ...
UK banks are contending with a sharp rise in customer accounts being used to facilitate fraud, according to data from industry body Cifas. “Misuse of facility” cases — where account holders move ...
In recent years, synthetic identity fraud has quietly become one of the fastest-growing forms of financial crime. Now, with the explosion of AI, the threat is accelerating at an alarming pace.