Banking Fraud

How AI Puts Your Bank Account and Privacy at Risk — and What to Do About It Artificial intelligence is reshaping banking and online services in ways that benefit consumers. But the same technology is also being turned against them. Voice cloning, hyper-realistic phishing emails, and deepfake video calls are no longer theoretical risks. They are being used today to drain bank accounts and steal personal data. A recent article from Kiplinger highlights how these AI-powered scams are becoming both more sophisticated and harder to spot. ...

Lloyds Bank Warning: New Scam Targets UK Customers – What to Do Now What happened Lloyds Bank has issued an updated fraud alert about a scam that exploits a payment method called Pay by Bank. According to reports published on 24 April 2026, fraudsters are contacting customers and tricking them into approving payments through this system. The scam often starts with a phone call, text, or email that appears to come from Lloyds or another trusted organisation. The caller claims there is a problem with the account or a payment, and then asks the victim to confirm a Pay by Bank request sent to their mobile banking app. Once the customer approves it, money is transferred directly from their account to the fraudster. ...