A Smarter Way to Detect, Prevent, and Manage Fraud in Financial Services

Fraud is growing in scale and sophistication - costing the UK financial services industry over £1.2 billion each year - while regulatory expectations continue to tighten. Firms are under increasing pressure to prevent losses, protect customers, and demonstrate effective, auditable controls.

This whitepaper introduces a unified UK Fraud Taxonomy, designed to bring clarity and consistency to how fraud is identified, measured, and managed. Covering 244 fraud typologies across 18 categories, it provides a practical framework to improve data quality, enhance detection and investigation, and align risk, compliance, and operational teams around a common language.

Download the paper to discover how a standardised approach can help your organisation move from reactive response to proactive, intelligence-led fraud prevention.

About Projective Group

Established in 2006, Projective Group is a leading financial services consultancy.

We are recognised across the European industry for turning complex challenges and emerging themes into clear, pragmatic solutions. With deep roots and trusted relationships in financial services, we bring hands-on expertise across key domains. We support the full journey of change: shaping strategy, delivering complex transformation or building long‑term capability through managed services, staffing and training. Our purpose is simple: to empower financial services to shape the future of wellbeing, prosperity, and innovation.