Fraud Reshapes Banks Strategy and Spending

PYMNTS Intelligence, with Block, releases the 2025 State of Fraud and Financial Crime report, finding unauthorized-party fraud now accounts for 71% of incidents and dollar losses and average fraud loss rates rose to 0.8 basis points in 2025. The study shows 70% of institutions increased fraud-detection spending and widespread AI and behavioral analytics adoption, signaling fraud now shapes strategy, operations, and technology investment.