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


  • [New] In the US Deloitte predicts that generative AI could enable fraud losses to reach $40 billion by 2027, up from £12.4 billion in 2023. FinExtra
  • [New] Employment fraud will escalate as improved AI tools allow deepfake candidates to get through interviews more easily. Fortune
  • [New] 2026 will bring broader adoption of generative and agentic AI, paired with heightened regulatory focus on explainability in credit scoring, fraud models, and other high-risk areas. 10Fold
  • [New] What's new The FBI's Internet Crime Complaint Center warned that AI-assisted fraud schemes, including synthetic voice impersonation and AI-generated social engineering messages, are increasing. TECHMANIACS.com
  • [New] 72% of business leaders believe that AI-enabled fraud and deepfakes will be among their top operational challenges in 2026. Fortune
  • [New] Leaders now expect AI to drive measurable outcomes in risk modeling, AML, and fraud detection. Insight Global
  • [New] As we approach 2026, artificial identities, crafted using deepfake technology and AI, are poised to reshape cyber threats, fraud, and social engineering campaigns. Cyble
  • [New] Richer data loops: PayPal sees both consumer behaviour and merchant risk signals, feeding into better fraud models and underwriting. PayPal Holdings Is Rebuilding the Future of Online Paym
  • [New] IONIX CHAIN's AI for fraud detection could cut losses, per a 2025 Chainalysis report estimating $12 billion Altcoins to watch 2026 also feature privacy-focused ones, but IONIX CHAIN balances privacy with compliance. CryptoDroppers
  • [New] For soya, especially from Brazil, fraud will likely exploit aggregation points such as silos and traders, where compliant and non-compliant harvests can be mixed while maintaining apparently trustworthy paperwork. New Food Magazine
  • [New] The central message is that food fraud in the next decade will be increasingly data-driven, less visible and faster to scale, requiring a fundamental shift in how food integrity is protected if trust in the global food system is to be maintained. New Food Magazine
  • [New] HSBC says it has put in new security measures to counter the threat of wallet fraud and more would be coming in 2026. The Guardian
  • [New] This week, Trump added child care, threatening to cut $10 billion in federal child-care and social services funding for California and four other Democratic-led states, alleging fraud without substantiation. EdSource
  • [New] CEOs ranked cyber-enabled fraud and phishing as their leading cyber risk for 2026, surpassing ransomware. Help Net Security
  • [New] AI-enabled fraud could soar to $40 billion by 2027, up from $12.3 billion in 2023, a staggering 32% annual growth rate. Mitek
  • [New] Generative AI could enable fraud losses in the US to reach $40 billion by 2027, up from £12.4 billion in 2023. Fintech Intel
  • [New] In 2026, AI will be deeply embedded in payment systems for fraud prevention, transaction routing, customer support, and personalization. The Edge Blog
  • [New] The convergence of SIM farm technology and artificial intelligence represents one of the most significant threat escalations in the history of fraud. Frank on Fraud
  • [New] With 112 million Americans using mobile wallets and Chinese syndicates selling ready-to-use burner phones for $90 on Telegram, we project US issuers and merchants will lose $1.5 billion to Ghost Tap fraud in 2026. Frank on Fraud
  • [New] In 2026, fraud prevention will pivot from chasing single suspicious events to dismantling entire AI-driven fraud ecosystems. Mitek
  • [New] In 2026, fraud prevention will pivot from detecting anomalies after they occur to proactively pre-empting fraud through AI-driven behavioural baselines. Mitek
  • [New] Blockchain systems fortify supply chain transparency, crucial as food fraud risks rise with global trade expansion. Farmonaut

Last updated: 20 January 2026



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