UK fintechs sound alarm on spike in organised crime Fintech Seven in ten UK fintechs said fraud volumes in their business shot up over the last year, according to new research. Alloy’s State of UK Fraud Report stated 79 per cent of UK fintech firms lost at least £500,000 to fraud in the 12 months to October 2024. Two in five recorded losses between £1m [...]
Starmer needs to “smash the gangs” behind shoplifting and phone theft Opinion The clip shared on social media yesterday by the BBC’s Nicky Campbell was unremarkable only because variations of it can be seen every day. Two men frantically empty shop shelves of cosmetics, pouring them into large bags while onlookers film the outrageous scene. They make no effort to hide their faces and when their bags are [...]
FCA: Three arrested in ‘major’ operation linked to insider dealing and organised crime FCA A "major operation" by the financial watchdog and national crime body has arrested three men accused of insider dealing and money laundering linked to gangs.