32% of fraud in Latin America is attributed to phone and voice scams, making it the most common type of fraud in the region.

Cambodia recorded the highest ratio of approved applicants linked to fraud networks in APAC at 17%.

The highest fraud rates were recorded in Iraq (9.7%), Pakistan (5.9%), and Tanzania (5.0%).

Fraud rates dropped in Europe by 14.6% and in North America by 5.5%, while increasing by 9.3% in Africa, 16.4% in APAC, and 19.8% in the Middle East.

In 2025, the sectors most affected by fraud included online media & dating (6.3%), financial services (2.7%), and crypto (2.2%).

In 2025, 40% of companies and 52% of end users reported being victims of fraud.

38% of banks expect their identity verification budgets to grow by 21-50% in the coming years.

30% of banks reported that they face synthetic identity fraud, which blends fake and real personal data to bypass verification.

76% of banks and 78% of fintech companies reported needing more personnel to manage fraud risk effectively.

47% of consumers in Latin America identify fraud and scams as their biggest frustration when making digital transactions.

71% of banking respondents indicated that fraud prevention is a priority for their organization.

26% of banks and 32% of fintech companies reported facing cases where users presented counterfeit or altered documents.

In 2025, deepfakes were linked to 20% of biometric fraud attempts.

Injection attacks surged by 40% year-over-year.

In sectors offering sign-up bonuses, onboarding fraud accounted for 67% of fraud attempts.

National ID cards accounted for 46% of all fraudulent document submissions globally.

Instances of deepfaked selfies increased by 58% in 2025.

Account takeover fraud accounted for 82% of fraud attempts targeting the authentication process in the payments industry.

Fraud attempts peaked between 2:00 am and 4:00 am UTC.

In 2025, digital forgeries made up 35% of document fraud, up from an average of 29% between 2022 and 2024.