Review the year’s top financial crime trends and predictions, according to UK fintechs
UK fintechs have been under the public and regulatory microscope this year for their approach to financial crime. Learn how they're evolving to ensure they're meeting new compliance requirements.
Alloy surveyed over 100 fraud and risk leaders at fintechs across the UK to uncover trends in the financial crime landscape and learn how different types of organisations are responding to these threats.
Discover the latest technologies UK fintechs use to successfully combat fraud in Alloy’s 2025 State of UK Fraud Report.
We’ve highlighted five key insights from the report below.
As scams surged and fraud rose, the UK introduced new regulations to protect consumers.
Respondents overwhelmingly agreed that financial criminals and/or fraud rings were responsible for most of the attempted fraud events at their organisation.
This does not include the indirect costs of fraud, such as money spent on investigating and recovering fraud funds, loss of customers, and reputational damage.
Meanwhile, most VPs and directors indicated that direct financial losses were among the top consequences of fraud. This discrepancy highlights a divide between strategic and operational risk perspectives.
95% of fintechs are making ongoing investments in fraud prevention in 2025. Meanwhile, nearly 40% of fintechs said that investing in an identity risk solution had the biggest impact on reducing fraud rates.
Respondents included over 100 decision-makers working at UK fintechs in:
Data from the 2025 report was collected in October 2024.
The survey was conducted by The Harris Poll, an American market research and analytics company since 1963.
