Research and Report
About Fraud
The About Fraud “Anti-Report”
(February ’24)
Finally, a report that's easy to digest and has clear takeaways (hence, the "Anti-Report" ). We highlight the most relevant fraud use cases across a financial institution's customer journey, clearly explaining: The most important information about the use case: the problem, stats to know, KPIs to track, ways to solve the problem and general advice and Insight from thought leaders in the space, in a simple to understand format.
ACFE
ACFE Report to the Nations 2024
(March ’24)
This biennial report from the Association of Certified Fraud Examiners (ACFE) provides a comprehensive analysis of occupational fraud cases worldwide. The 2024 edition analyzed 1,921 cases across 138 countries, revealing that organizations lose about 5% of their revenue to fraud, with total losses exceeding $3.1 billion. A key highlight is the impact of the COVID-19 pandemic, which contributed to a 24% rise in median losses compared to the previous report. It also sheds light on emerging fraud trends, such as the use of cryptocurrency in schemes, and discusses preventive measures organizations can adopt.
Cifas
Fraudscape 2024
(April ’24)
Fighting Fraud and Financial Crime Together.
Pioneering intelligence, analysis and statistics to illuminate the fraud and financial crime landscape, and direct our shared strategic response to the threats.
Cybersource
2024 Global Ecommerce Payments and Fraud Report
(August ’24)
Each year, Cybersource and the Merchant Risk Council join forces to release the highly anticipated Global Fraud and Payments Report. Based on extensive research in key markets, this online fraud report offers valuable insight into the latest trends in payments technology and fraud.
European Banking Authority
European Banking Authority (EBA) 2024 Report on Payment Fraud
(August ’24)
This report, jointly prepared by the European Banking Authority (EBA) and the European Central Bank, assesses the latest payment data from 2022 to H1 2023.
Payment fraud in the EEA totaled €4.3 billion in 2022, with card payments leading in losses; SCA positively impacted security, but PSUs still bore significant fraud losses.
GASA
GASA Global State of Scams 2024
(Nov ’24)
The Global Anti-Scam Alliance (GASA) 2024 report examines the global landscape of scams, noting that scam tactics have become increasingly diversified and sophisticated. It emphasizes the impact of emerging technologies like AI and cryptocurrency on facilitating new types of fraud. GASA also documents rising cases of investment scams, phishing, and social engineering attacks. The report advocates for stronger international cooperation and consumer education to combat these threats effectively.
GBG
Global Fraud Report 2024
(June ’24)
Trust is fundamental to digital transactions, but it is a fragile commodity. If you cannot trust the identity of the person you are interacting with online, you cannot transact with them. In 2024, diminishing levels of trust between consumers and citizens, businesses, media and government is a growing problem.
Inscribe
2024 Document Fraud Report
(June ’24)
Document fraud has been around for centuries, but the methods used to create fraudulent documents have become more sophisticated over time. At Inscribe, we're processing millions of documents each month — which makes it possible for us to uncover new trends in how fraudsters are evolving their document manipulation techniques.
LexisNexis
Discover True Cost of Fraud™ Study Results
(April ’24)
Navigate the rising risk of fraud and learn how to grow your business more safely. Explore current fraud costs, attack rates, trends, challenges and recommendations for your industry.
Revolut
Financial Crime and Consumer Security Report 2023
(April ’24)
As a global fintech, Revolut meticulously documents the type of fraudulent transactions that are recorded on its systems. This is done in order to better understand, and
and in the future prevent fraud so that Revolut, as well as other financial institutions, can better protect our customers in the future.
This report sheds light on the type of fraud Revolutrecorded in 2023 and the key takeaways from that data
Proofpoint
Proofpoint 2024 State of The Phish Report
(February ’23)
As a global fintech, Revolut meticulously documents the type of fraudulent transactions that are recorded on its systems. This is done in order to better understand, and
and in the future prevent fraud so that Revolut, as well as other financial institutions, can better protect our customers in the future.
This report sheds light on the type of fraud Revolutrecorded in 2023 and the key takeaways from that data
UK Finance
Annual Fraud Report 2024
(July ’24)
UK Finance publishes both the value of fraud losses and the number of cases. The data is reported to us by our members which include financial providers, credit, debit and charge card issuers, and card payment acquirers.
Each incident of fraud does not equal one person being defrauded, but instead refers to the number of cards or accounts defrauded. For example, if a fraud was carried out on two cards, but they both belonged to the same person, this would represent two instances of fraud, not one.