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Banking industry prevented £1.66 billion of fraud in 2018

A total of £1.66 billion of unauthorised fraud was prevented by the banking and finance industry in 2018. This is comprised of: £1.12 billion in attempted unauthorised card fraud £318 million in attempted unauthorised remote banking fraud £218 million in attempted unauthorised cheque fraud A total of £1.20 billion was stolen by criminals committing fraud … Continued