All news with #app fraud tag
Mon, October 27, 2025
UK Fraud Cases Surge 17% as APP Losses Rise in H1 2025
💷 The UK saw a 17% annual rise in consumer fraud cases in H1 2025, with total losses of £629m across 2.1 million incidents, according to UK Finance’s Half Year Fraud Report 2025. Authorized push payment (APP) losses increased 12% despite an 8% decline in APP case numbers, driven largely by investment and romance scams originating on social media. Card-not-present activity pushed card losses to £299m, and criminals are increasingly using social engineering and compromised OTPs to scale attacks.