77% of FIs expect record fraud cases in 2025, study says
$12.5B lost through financial fraud last year
Financial institutions are bracing for what could be a historical year in fraud cases. Fraud losses reached $12.5 billion in 2024, up 25% from 2023, according to a report released today by cloud-based digital banking solutions provider Alkami, referencing data from accounting firm KPMG. This year is expected to top 2024, with 77% of FIs […]
