Fraud in Financial Services: The Growing Threat and How Data Enrichment Can Help
Fraud in financial services is at an all-time high, with criminals leveraging sophisticated techniques to exploit vulnerabilities in banking, insurance, and fintech sectors. According to the 2024 Fraud Trends Report, financial fraud in the UK alone resulted in nearly £1.2 billion in losses in 2023, with authorised push payment (APP) fraud accounting for 40% of […]
