Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report. And while that amounts to an 8% drop compared to 2021 figures, there’s no debate that the battle to prevent fraud and keep criminals at bay is far from over. […] The post Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI first appeared on PYMNTS.com. Read this story
