Our Scans · (FS.7.01) Fraud · Weekly Summary

• [New] Generative AI could drive US fraud losses from $12.3 billion in 2023 to $40 billion by 2027 - a 32% compound annual growth rate. EyeSift
• [New] By 2026, AI-powered triage, fraud detection, and decision support will be standard across end-to-end claims processing. BLK Assistance
• [New] By embedding modern fraud defences directly into the payments workflow, ISVs can protect merchants while maintaining the seamless, high-conversion experience today's buyers expect - a balance that will increasingly define competitive differentiation in 2026. Parking & Mobility
• [New] Blockchain could save insurers $10 billion annually by reducing fraud, streamlining processes, and cutting administrative costs. Essential Designs
• [New] More online fraud, 75% saw more AI-enabled attacks, and 78% expected the threat to grow during the year. Memeburn
• [New] $40 billion: projected US fraud losses enabled by generative AI by 2027, up from $12.3 billion in 2023, a 32% compound annual growth rate. Deepfake Detector
• [New] Generative AI could drive US fraud losses to $40 billion by 2027 (conservative scenario: $22 billion). Deepfake Detector
• [New] AI now assists more than 60% of core insurance processes - the figure projected by the Swiss Re Institute - including everything from intelligent document intake to automated adjudication and fraud detection. CallMissed
• [New] Wisconsinites Concerned: A new Department of Justice opinion and federal fraud warnings are raising concerns that states will restrict Medicaid funding, threatening the autonomy of disabled individuals by risking forced institutionalization and shifting heavy care burdens onto families. sdnetworkwi.org
• [New] Trump will claim fraud wherever his partisan allies lose, and that the pro-Trump ecosystem will back that claim up with manufactured content built on the lies already circulating about noncitizen voting and mail balloting. If you can keep it
• [New] By the end of 2026, a surge in M&A activity will likewise see increased exposure to fraud and cyberattacks, with phishing, social engineering, and payment diversion spiking during deal transitions. Annual Conference
• [New] Announcing a series of data findings live from the showroom floor at Money20 / 20 Europe in Amsterdam, AI-powered transaction risk platform Fraudio revealed that average payment fraud rates have jumped by approximately 25%. The Fintech Times
• [New] Cyber Safety solutions like Norton 360 are designed to complement individual caution by spotting threats across the channels where scams most commonly appear: suspicious links, phishing emails, malicious websites, and fraudulent communications. Norton
• Generative AI-enabled fraud losses in the United States are projected to reach $40 billion by 2027 at a compound annual growth rate of 32%. Adaptive Security
• According to the Deloitte Center for Financial Services' Deepfake Banking Fraud Risk on the Rise 2024, generative AI-enabled fraud losses in the United States will reach $40 billion by 2027, growing from $12.3 billion in 2023 at a 32% compound annual growth rate. Adaptive Security
• The Visa Threat Intelligence Platform is designed for security, fraud and risk teams in the financial sector. Fintech Singapore
• Visa has launched a threat intelligence platform to help financial institutions detect cyber risks before they turn into fraud. Fintech Singapore
• Business Email Compromise Protection is projected to grow at a 18.25% CAGR through 2031, indicating that buyers are strongly prioritizing impersonation-led fraud and payment-related deception. Mordor Intelligence
• The networks that compound their fraud-model and customer-comms capability are the ones that hold consumer trust into 2027 and beyond. TechBullion
• Over the next three years, 60,000 professionals in accounting and finance will learn to use artificial intelligence tools to do everything from automating fraud detection to pulling insights from raw financial data for audits. ST

Last updated: 21 July 2026