Authorized Push Payment Fraud Responsible for Over Half of U.K. Frauds and Scams

The Financial Ombudsman Service reports a sharp rise in UK Authorized Push Payment (APP) scams, with over 8,700 fraud-related complaints in a quarter and more than half tied to APP scams, many not covered by the voluntary CRM reimbursement code—underscoring the difficulty of recovering funds once sent. The piece urges proactive vigilance through ongoing security awareness training to counter increasingly sophisticated, multi-bank social engineering schemes, and includes promotional messaging for KnowBe4’s training platform.