In one of the last documents published under the Starmer Government, the Home Office has called for evidence on unauthorised fraud in the UK. It explains how unauthorised fraud is fraud that occurs without the victim doing anything to initiate, approve or enable the transaction – unlike APP fraud which deceives the victim into making a payment. It highlights particularly unauthorised card fraud, unauthorised remote banking fraud and unauthorised cheque fraud, and explains how these frauds are typically initiated.
The call notes that the Government is planning to remove SCA regulations from the PSRs.
The Home Office says that, in support of a comprehensive review of the UK’s response to unauthorised fraud, it is looking for data, intelligence, case studies, operational insights, technical assessments and valuation of prevention measures from all categories of recipient. It asks 27 specific questions around criminal methodologies and emerging threats, drivers of unauthorised fraud, origins of unauthorised fraud, barriers to reducing it, existing measures to address it, technical standards, controls and authentication and future policy and regulatory intervention.
The call for evidence closes on 7 October.