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.
HCLTech’s Sudip Lahiri on AI, payment modernisation, self-disruption, CBDCs & why adaptability and partnerships are key in an evolving financial ecosystem.
Tokenisation is now a core enabler of secure, interoperable digital payments—powering embedded finance, asset tokenisation, and evolving identity flows.
UK’s first Financial Inclusion Strategy aims to tackle vulnerability with better cash access, KYC innovation, community finance, and financial education.
Early CBDC deployments show promise for cross-border payments, but adoption hinges on privacy, interoperability, and user-friendly, inclusive design.
UK current account switching hit 1.2m in 2024, but banks face retention issues as digital challengers win loyalty with seamless, transparent customer experiences.
The UK’s BNPL sector is transitioning to FCA regulation, with providers adapting to new compliance, transparency, and consumer protection standards.
NVIDIA’s EMEA Payments & FinTech Leader, Georgios Kolovos, shares how AI is transforming fraud detection, risk management, and customer engagement.
Diana Carrasco Vime, head of the Digital Pound Project, explores how the digital pound could transform retail payments while ensuring trust and stability.
AI-driven personalisation is fundamentally transforming payments from generic transactions to tailored experiences.
To stay ahead of increasingly savvy, globetrotting criminals, international collaboration is more important than ever.
As payments data shifts to strategic intelligence, firms must harness its power for growth or risk being overwhelmed by complexity and compliance.
As AI decides loans and fraud risks, ethical concerns grow. Are algorithms the new gatekeepers of financial fairness or hidden enforcers of bias?
Operational resilience is key for financial firms amid rapid tech advances, enabling innovation but increasing cyber threats, regulations, and risks.
As digital wallets reshape finance and big tech challenges traditional banks, who will control the future of money?
The PSR’s Dan Moore highlights the importance of sustainable commercial models and fair competition to drive innovation and investment in the UK payments sector.
Payments in 2025 will be shaped by AI, instant payments, CBDCs, embedded finance, and sustainability.
Industry leaders discuss the evolving innovations and challenges shaping the future of payments.
2024 reshaped payments with instant payment mandates, crypto regulations, and enhanced consumer protection, driving innovation and security.
Firms throughout the payments world have set net zero targets and put decarbonisation at the centre of new sustainability strategies. But what is actually being done?
As the threat of quantum computing looms, how can the payments industry safeguard against the quantum decryption capabilities that could undermine global financial security?
Central bank digital currencies (CBDCs) are exciting many in the digital assets world, but what can these mean for those who are less engaged and on the fringes of financial services altogether?
The Financial Crime 360 survey reveals how the industry is tackling evolving threats like AI-driven fraud, emphasising the need for collaboration, innovation, and updated regulations to effectively combat financial crime in 2024.
As the cross-border payments industry contends with de-banking and stringent regulations, can emerging technologies and alternative solutions pave the way for a more efficient and accessible global payments landscape?
Exploring the need for a digital euro to maintain Europe’s financial autonomy and enhance transaction efficiency in an increasingly digital global economy.
Adopting ISO 20022 is essential for modernising cross-border payments, enhancing fraud prevention, and ensuring seamless interoperability and efficiency in international financial transactions.
With Financial Crime 360 around the corner, Payments Review spoke to some of the leading figures working tirelessly to combat the growing issue of financial crime within the payments ecosystem.
Exploring the transformative impact of social commerce on consumer behaviour and the lurking risks of online scams.
Europe’s banks are enjoying a revival, but higher interest rates, bad loans, and tech challengers threaten to derail the recovery.
Exploring Australia’s comprehensive strategy to tackle payment fraud and enhance security across the national payments system.
The Consumer Rights Act 2015 aimed to unify UK consumer protections, but rapid digital advances in banking have necessitated a stronger focus on fraud protection.
At ExCel London, PAY360 gathered over 4,000 payment professionals to discuss the future of payments, innovation, and regulatory challenges with industry leaders.
Riccardo Tordera Ricchi, head of policy and government relations, The Payments Association, explores the transformative potential of programmable money and smart contracts.
Discover how The Payments Association’s ESG Working Group is addressing the challenges and solutions for effective environmental, social, and governance initiatives within the payments industry.
AI’s data analysis superpowers are revolutionising financial crime prevention, spotting fraud patterns in real-time, even for small transactions, but good data and industry collaboration are key.
His Majesty’s Treasury is developing a vision and strategy for UK payments. This could herald a period of leadership of payments by the Government – if the ingredients are right.
IOSCO’s new policy recommendations aim to create a unified global framework for regulating digital assets and cryptocurrencies, enhancing market integrity and investor protection.
With the UK’s financial watchdogs set to establish a regulatory regime for stablecoins, payment service providers must brace for stringent new standards in operations, redemptions, audits, and consumer protection.
The UK and EU payments sectors continued to draw increasing regulatory scrutiny throughout 2023. Indeed, the need to deliver compliance with new regimes, such as the consumer duty in the UK, required a great deal of firm’s attention and resources throughout the year.
