FinTech Magazine May 2026 | Page 120

LATEST FIGURES

35 % 60 % 82 %

of document fraud attempts were attributed to digital forgeries in 2025 of all deepfake fraud specifically targets the cryptocurrency sector of attempts target the authentication process in the payments industry
Losses in the US reached
US $ 15.6bn because of account takeover fraud in 2024
Less than
0.1 % of fraud rate achieved through using the Motion Liveness active verification solution

FOCUS AHEAD

Strengthen defences across every point of the identity lifecycle to counter Gen AI accessibility
Utilise randomised motion prompts to make it harder for fraudsters to script or control biometric processes
Deliver continuous innovation based on global reach and deep fraud intelligence