UK Finance has released its Annual Fraud Report, detailing the amount of money reported by UK Finance members as stolen through financial fraud in 2022.

The report provides information on:

  • 2022 trends and statistics;
  • Card fraud;
  • Cheque fraud;
  • Remote banking fraud; and
  • Authorised push payment fraud (“APP”) and its scam types.

The report’s release comes as the focus on fraud within the financial crime industry continues to grow.

Firms can read the report to gain insights into fraud trends to take note of in their own operations.

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