Virgin Money joins Stop Scams UK
Stop Scams UK is delighted to announce Virgin Money as its latest member.
Together with Nationwide, which acquired Virgin Money in October 2024, they are the UK’s second largest provider of mortgages and savings accounts.
Announcing the news, Gareth Pindred, Head of Fraud at Virgin Money, said the decision to join Stop Scams UK was an important step in backing a cross-sectoral approach to tackling fraud.
“Here at Virgin Money, we strongly believe that collaboration is key in the fight against fraud – collaboration across sectors, the industry and with our colleagues and customers. That’s why we are so excited to be joining Stop Scams UK.
“We see this membership benefiting us all – ourselves and our peers can work together with the tech and telco members on innovative solutions to tackle fraudsters. And of course, our customers will benefit from being able to access the 159 service, a fantastic tool to combat bank impersonation scams.
“We’re committed to keeping our customers safe and look forward to seeing the impact we can make collectively as a new member of Stop Scams UK.”
Stop Scams UK CEO Mark Tierney added: “We warmly welcome Virgin Money to Stop Scams UK and commend their strong commitment to collaboration to stops scams at source. Gareth Pindred is right—cross-sectoral partnerships are crucial to staying ahead of fraudsters. Together with Virgin Money and all our members, we can make a real difference in combating scams and keeping people safe.”
The arrival of Virgin Money takes Stop Scams UK’s membership up to 30 companies across financial services, tech and telecoms.
About Virgin Money
At Virgin Money, we strive to create positive experiences for our 6.6 million retail and business customers across the UK. We believe in making banking better and enabling our customers to achieve their financial goals, and are driven by our purpose of ‘Making you happier about money’.
We’ve recently become part of the Nationwide Building Society – the combination of both businesses will create a mutually owned, full-service organisation with enhanced investment in customer service and a wider range of products. Together, we are the UK’s second largest provider of mortgages and savings accounts.