🏴‍☠️ U.S. 🇺🇸: Fraud Losses Increased by 25% in 2024

Morgan Ellis

🏴‍☠️ U.S. 🇺🇸: Fraud Losses Increased by 25% in 2024

A study by the U.S. fintech company Alkami, a provider of cloud solutions for open banking, highlights two key aspects:

⚡️Fraud Prevention as an integral part of financial institutions' strategies.

⚡️Consumer Perspectives on the issue of fraud.

▶️ In 2024, fraud losses reported by companies and individuals exceeded $12.5 billion, representing a 25% increase compared to 2023.

▶️ 77% of the companies surveyed anticipate that this figure will continue to rise in 2025.

▶️ Furthermore, 67% of banks and credit unions indicated a willingness to encourage customers to adopt stricter cybersecurity measures.

▶️ To reinforce fraud prevention, financial institutions prioritize real-time detection methods and adopt a multi-layered approach.

▶️ Additionally, a recent study reveals that 93% of U.S. citizens who use digital banking (from all generations) consider protecting their financial data to be a very important aspect of their daily life.

#news #USA #finance

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