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Payment Fraud Goes Mainstream: Sift's Q1 2025 Digital Trust Index Reveals 89% Surge in Consumer Exposure to Fraud Schemes

Summary by Fintech Finance
Sift, the AI-powered fraud platform securing identity trust for leading global businesses, today released its Q1 2025 Digital Trust Index. The report revealed an alarming trend in the democratization of payment fraud: 34% of consumers have seen offers to participate in payment fraud online—an 89% increase over 2024. This dramatic increase highlights how payment fraud has moved from the domain of sophisticated cybercriminals to become accessible …
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Fintech Finance broke the news in on Friday, March 28, 2025.
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