With Black Friday and Christmas shopping season looming, TSB is urging consumers to remain vigilant to purchase fraud, as cases spike by 11 percent.
New TSB data reveals that purchase scams now account for 63% of all bank transfer fraud cases reported by its customers – up from 52% in 2024.
The bank also recorded an 11% year-on-year increase in the volumes of purchase fraud cases between January and September 2025, with victims losing an average of £452 per scam.
















