Fraud is now the UK’s most common crime - responsible for over 40% of all reported offences. It’s not just a financial issue — it’s a national security threat that drains confidence from our markets, money from our consumers, and trust from our system. For the payments industry, it’s the single greatest test of our collective resilience. That’s why collaboration across government, regulators, law enforcement, and the private sector has never been more critical. Next week at Financial Crime 360, hosted by The Payments Association, we’ll bring together the leading voices shaping the UK’s response to economic crime - exploring how innovation, data sharing, and cross-sector cooperation can help us move from response to prevention. Join us as we discuss how the UK can stay ahead of the criminals - and build a payments ecosystem that is secure, trusted, and world-leading. Learn more and register here: https://lnkd.in/ew_RXXTi #FinancialCrime360 #Payments #FraudPrevention #EconomicCrime #Fintech #Regulation #Innovation #Collaboration
UK's Fraud Crisis: Collaboration Key to Prevention
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Great points, Ben. Fraud really is a huge challenge for all of us in payments. Collaboration is key to staying ahead. What strategies do you think will make the biggest impact?