Finance and Economy
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Finance and Economy
AI enabling rise in ‘synthetic fraud’ attacks, credit information firm warns
The rapid advancement of artificial intelligence (AI) is fuelling a surge in "synthetic fraud," where criminals manipulate both real and…
How many people claim benefits now and how does it compare with 20 years ago?
The number of people claiming disability benefits for mental health conditions has significantly increased since the Covid-19 pandemic, with welfare…
Insurers charging rates similar to credit card providers for monthly payments – which?
Consumer group Which? has raised concerns over insurers charging annual percentage rates (APRs) comparable to credit card lenders for customers…
Bogus injury claims account for bulk of fraudulent cases detected by insurer
Zurich UK reports £94.79 million in fraudulent claims, with 'slips and trips' among the most common scams. Zurich UK has…
Regulator seeks views on scrapping or increasing £100 contactless card limit
The Financial Conduct Authority (FCA) is considering whether removing or increasing the current £100 contactless card payment limit could benefit…
One in three investors ‘not feeling confident about positive returns in 2025’
Economic uncertainty, market volatility, and political risk impacting investor confidence Nearly one in three UK investors (31%) lack confidence in…
Areas with fastest and slowest declines in ATM withdrawals since pandemic revealed
More deprived areas moving away from cash at a slower pace, ATM network link reports Banking customers across the UK…
Cheaper mortgage payments for some homeowners after major bank cuts rate
Thousands of homeowners in the UK could see their mortgage payments drop after HSBC UK announced a reduction in its…
