New research suggests customers are willing to accept some friction in exchange for more robust fraud controls.
The 'scam economy' keeps growing, as fraudsters steal money through wire transfers, gift cards, payment apps and cryptocurrency.
Massive fraud interception: PSA blocked over $200 million in fake and altered collectibles from entering the market in 2025, with potential losses possibly exceeding $1 billion. Counterfeits on the ...
The FBI received more than 1 million cyber-crime complaints in 2025, with losses exceeding $20.8 billion — a 26% annual increase. Real estate fraud alone accounted for 12,368 complaints and $275 ...
Americans lost over $11 billion to crypto fraud in 2025, with investment scams driving the majority of losses, according to the FBI. The FBI’s Internet Crime Complaint Center released its 2025 annual ...
New Yorkers lost about $6.5 billion to fraud schemes in 2025, according to a new report from the Consumer Federation of America. The report, titled "The Scam Economy: The True Cost of Online Scams and ...
The U.S. Federal Trade Commission (FTC) warned of a massive increase in losses from social media scams since 2020, exceeding $2.1 billion in 2025. According to reports to the FTC's Consumer Sentinel ...
The most frequent form of fraud? Someone pretending to be someone else — the FBI, the FTC, the IRS, your bank, your grandson, the new love of your life. The Federal Trade Commission says the spike in ...
Real-time payment systems are transforming banking, commerce, and consumer expectations by facilitating instantaneous, ...
The FBI recently released its annual report on internet crime and found that cryptocurrency-related scams accounted for the most reported losses among all scam categories last year. The Internet Crime ...
A new report by the state auditor’s Bureau of Special Investigations details nearly $12 million in public assistance fraud in the 2025 budget year. The largest portion of that fraud, $4.1 million, was ...