FICO survey shows 36% of EMEA financial institutions report fraud attempts up more than 25% in past 2 years
FICO•FICO research found fraud attempts rose more than 25% over two years at 36% of EMEA financial institutions; 28% reported losses rising by more than 25%. Fraud complexity was a prevention challenge for 52%, while 48% cited effective AI integration and 51% reported false-positive rates above 15%.
1. Fraud challenges in EMEA
FICO research found fraud complexity was a prevention challenge for 52% of EMEA financial institutions, compared with a 40% global reading. Effective AI integration ranked as a top challenge for 48%, and 51% reported false-positive rates above 15%.
