US Edition
Spain Banks Slash Fraud with BioCatch Tools
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.3 Articles
3 Articles
Spanish banks cut fraud with behavioural defences
Spanish banks using BioCatch have reported a 23% reduction in overall fraud attempts in Q1 2025 compared to the same period last year, according to the RegTech company. The decline stands out against a backdrop where 73% of Spanish banking leaders surveyed by BioCatch noted an increase in fraud attempts at their institutions over the same period. A significant driver of the reduction among BioCatch’s Spanish banking partners has been a 52% drop …
Fraud in digital payments in Europe has increased by 43% in 2024, driven by the increasingly comfortable use of AI. In fact, the total value of fraud in major payment instruments reached €4.3 billion in 2022, with an additional loss of €2 billion in the first half of 2023 alone. 1.2 But what European countries bear the biggest economic losses from payment fraud? BrokerChooser's Forex brokers have analysed fraud data on payments by the European B…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
