The financial services industry experienced a 39% increase in suspected digital fraud attempt rates between 2019 and 2022 — the third highest of all the sectors our global device intelligence network reports on.

With 78% of consumers ranking the security of their personal data as “very important”, our FinTech industry guide Optimising Performance in the FinTech Industry: Countering Fraud and Financial Crime Threats in 2023, provides insights and recommendations to help operators reduce fraud risk and improve overall customer experience (CX) through cutting-edge, multilayered fraud and identity solutions.

Download the full guide for access to our proprietary insights, including:

• Strategies fintechs can use to reduce fraud, improve CX, and win out over competitors
• Regulatory change, including those from the FCA’s Consumer Duty and the PSR’s APP Scams Regulation
• Practical steps operators can take to mitigate growing fraud risks, including:
  • No intent to pay
  • Money mules
  • Identity theft
  • Account takeover