The number of UK adults classed as financially vulnerable by the FCA was 6.5m in 2015, but that figure is expected to grow to over 10m by 2030 and Covid has only exacerbated this problem.
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Vulnerability: is this a much wider problem for UK financial service providers than first thought?
Connect is a quarterly round up of trends, insight, features and opinions on fraud prevention and financial crime for the banking and insurance sectors, brought to you by Synectics Solutions.
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- How collaboration could help to address some of the issues concerning vulnerability.
- What Outcome Orchestration is and the many benefits it offers to companies struggling with high investigation volumes.
- More from our partners such as TransUnion and NetWatch Global.
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