152 results about this entity
Period: 02 Jan 2002 - 28 May 2025
News/security
Criminals stole £1.17 billion through fraud in the UK last year, with a slight fall in authorised push payment fraud losses offset by a rise in remote purchase fraud.
28 May 2025
Company announcement/wealth
A new report from PIMFA, UK Finance and KPMG UK has revealed opportunities for how the government can further support the UK’s Private Banking and Wealth Management (PBWM) sector in helping to deliver growth, provided four key barriers can be addressed.
20 May 2025
News/ai
Financial services firms are putting an emphasis on active human oversight for model training, interpretation and sensitive decision-making as they begin the roll out of generative AI across their businesses, according to a report from UK Finance.
28 January 2025
GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s mobile network operators and banks to develop and launch Scam Signal, a new system to help address Authorised Push Payment (APP) fraud in the UK.
05 November 2024
News/crime
The Office of National Statistics (ONS) has reported there were approximately 3.6 million consumer and retail fraud incidents in 2024, a 19% rise for the same period in 2023.
25 October 2024
Financial losses from authorised push payment (APP) fraud, romance and purchase scams and impersonation deceptions show a marked decline in the first half of the year, according to new data from UK Finance.
18 October 2024
News/payments
The UK's biggest banks have completed the experimentation phase of a Regulated Liability Network, claiming a number of benefits that the financial market infrastructure for programmable money operating on a multi-bank shared ledger could bring.
17 September 2024
As the banking industry chafes against upcoming rules governing payback to victims of authorised push payment fraud, the Payment Systems Regulator has released new data which shows that reimbursement for victims still depends largely on who they bank with.
01 August 2024
The total number of payments made in the UK increased by five per cent in 2023 with a third of Brits now regularly paying with a tap of their mobile phone, according to UK Finance figures.
24 July 2024
Company announcement/retail
UK Finance today launches a new site including a step-by-step digital guide and FAQ to support charities and other voluntary organisations open and manage bank accounts.
22 July 2024
News/markets
Companies that decide to list outside the UK or move valuable operations from the country should be made to pay back tax-payer funded support they have previously taken, according to a UK Finance report.
04 July 2024
News/regulation
The next UK government should introduce a bill that forces technology, social media and telecoms firms to contribute £40 million a year to fight fraud and scams, says UK Finance.
31 May 2024
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