Biggest gap, smallest budget: UK financial crime’s data-sharing problem
UK financial crime leaders see AI fraud accelerating faster than controls, while data sharing remains a major challenge but an investment gap.
August 11, 2026
UK financial crime leaders see AI fraud accelerating faster than controls, while data sharing remains a major challenge but an investment gap.
Payments isn’t converging on one trend. New data shows a market split between AI ambition, cross-border growth and mounting operational pressures.
A new report calls on financial services to embed accessibility at its core, ensuring people with learning disabilities are not excluded.
Private settlement networks promise speed and efficiency, but can payments leaders safely embrace innovation without sacrificing transparency and regulatory oversight?
Private settlement networks promise speed and efficiency, but can payments leaders safely embrace innovation without sacrificing transparency and regulatory oversight?
Money mule networks have industrialised into ‘mule-as-a-service’, laundering £10bn a year. Adaptive AI and intelligence sharing are key to defence.
As regulators and customers demand to know not just if fraud detection works but how it works, explainable AI is becoming a competitive necessity in the payments industry.
Embedded payments increase fraud risk when UX trumps controls. Regulators demand dynamic, explainable compliance designed into customer journeys.
Synthetic identity fraud surged 60% in 2024, fuelled
by AI deepfakes and regulatory gaps. UK firms
must adopt real-time, risk-based defences.
UK payment systems face escalating cyber threats, from ransomware to nation-state attacks, demanding stronger resilience, intelligence sharing, and regulation.
