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Rising Fraud Pressures Trigger Demands for Stronger Tech-Sector Cooperation

Summary by Business Fast
London, 8 December 2025 – With fraud now accounting for more than 40% of all crime in the UK, finance leaders are urging Silicon Valley platforms to take far greater responsibility for combating the surge in online-enabled scams. At the 2025 Economic Crime Congress, UK Finance delivered a stark warning to global technology platforms, urging them to “grasp the scale of the crisis,” take responsibility for how their networks are used, and collabor…
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Business Fast broke the news in on Monday, December 8, 2025.
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