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

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

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.

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

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

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.

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.

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

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

46% of respondents reported that up to 75% of banking identity verification processes are currently automated.

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

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

Instances of deepfaked selfies increased by 58% in 2025.

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

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

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.

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