£576.4m lost to authorised push payment scams in 2025 as AI manipulates victims

Paul Davis, head of economic crime at Barclays UK, said: “As criminals increasingly take advantage of artificial intelligence, Barclays research shows 78% of UK adults believe AI advances have made scams more convincing, and only one in three feel confident in their ability to identify an AI-generated scam, ramping up concerns around online dating, shopping and communicating.

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