FinTech Magazine July 2025 | Page 15

CYBERSECURITY

: STMENT

£ 460m

( US $ 615m)

US $ 43bn

Global credit card fraud losses expected to reach US $ 43bn by 2026

Source: NVIDIA

UK consumers lost a combined £ 460m

( US $ 615m) in APP fraud in 2023

Source: Mastercard

US $ 250tn

Authorised Push Payment( APP) Fraud volumes expected to surge from US $ 150tn in 2017 to an estimated US $ 250tn by 2027

by 2027

Source: LSEG fintechmagazine. com 15