FINTECH STRATEGIES
Historically, financial fraud has relied on familiar approaches including phishing emails, cloned websites and cold calls from malicious actors pretending to be a bank. But more recently, the threat landscape has shifted in ways that are both measurable and significant, with criminal activity increasingly migrating towards encrypted digital environments.
Revolut’ s latest Consumer Security and Financial Crime Report, produced in partnership with Juniper Research, sets this evolution out in more detail, offering a detailed examination of fraud trends in the fintech sector in recent years.
Drawing on transaction and reporting data across its global customer base, it indicates a clear directional shift: APP fraud is migrating away from traditional social networks and towards encrypted messaging platforms, with material consequences for consumers, financial institutions and regulators alike.
The platform at the centre of the report’ s most revealing data is Telegram,
52 April 2026