5 Results
Grant MacDonald Director of Financial Crime at Experian
Fraud and financial crime haven’t gone away, they’ve evolved. And for UK businesses, that evolution is prompting a strategic rethink. The threats are more sophisticated, the pressure to respond is mounting, and the cost of inaction is rising. According to the latest Experian UK Fraud and FinCrime Report, just one in ten businesses expect to reduce...
08 September 2025 /identity /crime Exposing Financial Crime
Fraud and financial crime remain a significant challenge for UK businesses in 2025. From banks and fintech’s to retailers and telecom providers, organisations are working hard to stay ahead of increasingly sophisticated threats. According to the latest insights from the Experian UK Fraud and FinCrime Report 2025, just one in ten expect to reduce t...
09 July 2025 /crime
Financial crime poses a serious threat to the UK economy, costing billions annually and undermining financial stability. The National Crime Agency estimates that the cost of money laundering in the UK stands at anything between £36 billion and £90 billion, costing an eye-watering £290 billion to the economy – it’s clear that action is crucial. Thi...
20 March 2024 /crime Exposing Financial Crime
The growing complexity of the financial sector is creating new opportunities for money launderers. As a result, it is essential that financial institutions are equipped with the appropriate knowledge and resources when it comes to identifying financial crime. Money laundering poses a lasting threat to the global financial system, enabling criminals...
20 June 2023 /identity /crime Banking
Financial crime is a major challenge faced by banks worldwide, and the fight against it requires sophisticated tools and approaches. In the UK, transaction monitoring (TM) has been the backbone of banks' efforts to deter financial crime. However, the TM approach has one critical flaw: it does not provide a cross-industry view of financial transact...
21 March 2023 /retail /crime Banking Strategy, Digital and Transformation
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