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Event File FINTECH Digital-Only Banks

CAF Bank Suspends Online Banking After Fraud Attempt

1 reports · First detected 2026-07-29 · Last active 2026-07-29

CAF Bank, wholly owned by the Charities Aid Foundation, is a specialist UK lender serving more than 14,000 charities and social-purpose organisations. It holds about £1.45 billion in customer deposits and has advanced £41.5 million in loans. The disruption is significant because charities depend on online banking to pay staff, suppliers and grant recipients, leaving frontline operations vulnerable when access is withdrawn.

CAF Bank said on July 28, 2026, that it had suspended online banking after identifying attempted fraud, describing the shutdown as a precaution to protect customer accounts and funds. UK charities were left unable to access services or process transactions normally. As of that date, the bank had not disclosed how many customers were affected, the value of transactions involved, whether any money was lost or when online access would be restored.

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