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October 16, 2026 ai_technology payments

Scams Capture 22.4% of Fraud Dollars as Banks Adjust Defenses

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Overview

Banks have an opportunity to strengthen fraud prevention by looking more closely at payments that arrive with a valid login or a customer’s approval. That’s the central implication of the third key finding in “Scams Get Personal: Why Banks Pay More to Fight Fraud,” a PYMNTS Intelligence report in The Fraud Economy series. Based on […] The post Scams Capture 22.4% of Fraud Dollars as Banks Adjust Defenses appeared first on PYMNTS.com.

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