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Jessica Rusu, chief data, information and intelligence officer, FCA, said: "We are continuing to improve our data, technology and capabilities to act decisively in consumers interests, while making it easier for firms to report to us."
The Financial Conduct Authority (FCA) has refreshed its strategy of using data to tackle online fraud faster by scanning about 100,000 websites created daily to identify those that appear to be scams.
The hosts of fraudulent websites identified by the FCA are now being proactively requested to shut them down, though they cannot be forced to do so, according to the watchdog. It added that this...
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