Fraud
Industry News
This marks the first time every mobile network operator #MNO has joined the cross-sector partnership alongside 99.7% of UK retail banks and major global tech platforms.
Key developments include:
➡️ Full Industry Coverage: Every UK consumer now benefits from at least one Stop Scams UK member, enabling coordinated detection and disruption of scam activity across telecoms, banking, and tech;
➡️ Cross-Sector Intelligence Sharing: Fraud intelligence is now collected from telecoms firms, enriched, and shared across industries, allowing scam journeys to be blocked before harm occurs; and
➡️ Collaborative Milestone: Senior leaders from banking, telecoms, and tech met with the Governor of the Bank of England and the Fraud Minister to mark this step toward unified fraud prevention.
✅ Firms should strengthen participation in cross-sector intelligence sharing and align internal fraud prevention strategies with the Stop Scams UK collaborative model.
