Synthetic fraud rate dropped from roughly 67 basis points to 48 basis points, averaging 58 basis points.

63.7% of Americans fear synthetic fraud most when shopping on mobile.

Other consumer lending: The lowest fraud exposure, with 0.77% identity theft and 0.14% synthetic fraud.

Credit cards: Identity theft rate averages 2.68%, with 0.37% involving synthetic fraud.

Auto lending: Identity theft averages 3.28%, while synthetic fraud accounts for 0.80%.

Demand deposit accounts: High risk, with identity theft at 7.85% and synthetic fraud at 1.17%.

Synthetic fraud rates fluctuated during 1H 2025, initially rising to cross the 1% threshold before dropping back to around 70 basis points.

Synthetic fraud saw a decline, dropping from 1% to 0.75% during 2H 2024.