Dive Brief:
- The amount of money stolen by scammers and fraudsters last year rose 9.2% across the globe compared to two years ago, an increase driven largely by criminals leveraging artificial intelligence, according to Nasdaq’s Verafin unit.
- The organization — a division of Nasdaq that provides security services to financial institutions — recorded $579.4 billion lost to bank fraud and scams in 2025, an increase of $53.3 billion from 2023, the last time Nasdaq Verafin tallied worldwide fraud and scams, according to the unit’s 2026 Global Financial Crime Report, published Wednesday.
- “While it’s hard to put a number on it, we see AI in everything the day-to-day fraudsters are doing,” said Nasdaq Verafin’s head of fraud product strategy, Colin Parsons, said during a Wednesday Payments Dive virtual event panel discussion.
Dive Insight:
The report from Nasdaq’s Verafin unit said $62…
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