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Stop Scams UK wins PAY360 Award
Stop Scams UK wins PAY360 Award for Financial Crime Prevention
Our cross-sector data sharing and intelligence work won the “Best Financial Crime Prevention Initiative or Solution” at the 2025 PAY360 Awards on 1 October 2025.
This win celebrates our groundbreaking work, uniting the banking, technology, and telecommunications sectors to tackle fraud and scams at source. It is driven by Stop Scams UK’s unique model that brings together different industries in a sector-neutral, voluntary, and self-funded way. The result is world-leading innovation in fraud prevention.
Fraud is the UK’s most common crime, costing billions each year and affecting individuals and businesses alike.
Stop Scams UK was recognised for:
- Unprecedented collaboration: creating safe and secure opportunities for the banks, telcos and tech to share intelligence and disrupt scams before they reach victims.
- Innovative technology: By harnessing data and previously siloed information into a powerful arsenal against scammers.
- Global benchmark: No other country has achieved this kind of voluntary, sector-wide collaboration.
Commentating on the win, Mark Tierney, Chief Executive of Stop Scams UK, said:
“This award is a testament to the power of collaboration. Fraudsters are deploying increasingly sophisticated tactics, and no single sector can tackle this problem alone. It shows what’s possible when banks, telcos, and tech companies work together – sharing intelligence, innovating, and putting consumer protection first. I’m really proud of our team and grateful to our members for leading the way in the fight against scams.
Winning this award is not just a recognition of what has already been achieved, it’s a call to action to keep innovating, keep collaborating, and staying one step ahead of scammers.
About the PAY360 Awards
The PAY360 Awards are the most prestigious in the payments industry, recognising innovation, impact, and excellence across the sector. The “Best Financial Crime Prevention Initiative or Solution” category celebrates organisations that have made a tangible difference in preventing financial crime and protecting consumers. See the full list of 2025 finalists and winners.
