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Paul Weathersby

Chief Product Officer, Identity & Fraud
Experian
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Paul Weathersby

AI-driven synthetic fraud a growing threat to UK financial institutions

We recently shared some insights highlighting a critical issue for the financial services industry: as UK consumers increasingly rely on digital platforms, synthetic fraud is on the rise. Our latest data has shown a staggering 60% increase in synthetic identity fraud cases in 2024 compared to the previous year, with these cases now constituting ne...

15 April 2025

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  • financial crime

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