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

• [New] The surge in fraudulent acts like money laundering within the financial industry is anticipated to drive the RegTech market's growth in the coming years. Whatech
• [New] 2025 will see fintechs tightening up security across their platforms - fraud mitigation is now a priority equal to customer acquisition. Host Merchant Services
• [New] Innovations like AI-powered fraud detection and decentralized exchanges will further reduce barriers, while regulatory clarity in the EU and US will boost trust. Crypto Nexus Blog
• [New] Regulators are concerned that stablecoins could be exploited as a tool for fraudulent activity in mainland China. usfunds
• [New] London-based financial crime intelligence firm Themis has acquired fraud monitoring company Pasabi, in a move aimed to accelerate the use of AI in tackling one of the fastest-growing criminal threats facing businesses and consumers globally. City AM
• [New] AI-powered deception is now a global threat, with $4 billion in fraud attempts thwarted in the last year alone. Techforce
• [New] AI will make fraud easier than ever to conduct. Yahoo News
• [New] Geopolitical tensions have amplified the use of ransomware and AI-driven fraud, with groups like LockBit targeting crypto platforms to fund state objectives A look ahead at 6 emerging security threats for crypto platforms in 2025. / North Korea Ainvest
• [New] Contact center fraud could reach $44.5 billion in 2025. Keepnet Labs
• [New] Deepfake fraud could rise 162% in 2025. Keepnet Labs
• [New] AI will help offset billions lost to tax fraud annually, building on current savings of $1.3 billion without full AI integration. Cognitive World
• [New] Deloitte estimates that generative-AI enabled fraud losses will increase from $12 billion in 2023 to $40 billion in 2027. Institute for Financial Integrity
• Despite rising threats, there are signs of progress, with APP fraud cases decreasing by 20% in 2025, representing the lowest figures since 2021. / UK Mishcon de Reya LLP
• The digital wallets in 2025 will be built on biometric authentication (facial recognition, fingerprint scanning) and AI-based fraud detection. Cheqly
• Fraud risks tied to open banking in the U.K. are rising into sharper focus, particularly around authorized push payment (APP) schemes, where consumers are tricked into consenting to transfers to fraudsters. PYMNTS.com
• GenAI could enable fraud losses to reach $40 billion in the United States by 2027. International Finance
• The OCC's Spring 2025 risk report likewise underscores elevated BSA/AML and fraud risk, emphasizing the need for institutions to quickly incorporate new red flags and typologies into monitoring and investigations. CSI

Last updated: 14 October 2025