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The Remarkable Growth in the “Real” Cost of Fraud to Financial Institutions

The Remarkable Growth in the “Real” Cost of Fraud to Financial Institutions

Since 2017, the real cost of fraud to financial institutions has grown at a compound annual growth rate of 10.63%. Today, for every $1,000 in fraud, banking institutions incur $4,000 in costs.

But It’s Only Getting Worse

By 2025, its estimated that the real cost of fraud will jump nearly 50% from 2021.

Can Your Banking Institution Afford to Pay
$6,000 For every $1,000 fraud?

Discover the real-time, artificial intelligence-based solution that helps detect and prevent financial frauds live, as they’re happening…

And could help your financial institution potentially avoid millions in losses.

fraud solutions