Fraud is a particular concern among Americans age 65 and older, with 69.9% extremely or very concerned.

62% of fraud victims would still be likely to minimize their banking relationship (e.g., reduce use of a card or reduce accounts) if they became fraud victims.

51.4% of consumers say they “need to learn more” about AI-powered fraud detection.

81.6% of fraud victims were satisfied with their bank’s response to combat fraud.

64.1% of Americans are no longer writing cheques.

Nearly 60% of consumers are either “extremely” or “very” concerned about AI-based fraud.

More than 43% of Americans say AI-powered fraud detection would increase their confidence in their financial institution.

Among digital payments providers, PayPal is the most trusted, with 54.5% of consumers.

Over 83% of consumers have concerns about AI-powered fraud.

Only 10.1% of consumers feel “extremely prepared” against emerging fraud techniques, such as AI-based attacks.

Only 34.1% of Americans feel “very safe” with their current bank or credit union

For younger age groups, 55% to 57% are extremely or very concerned about fraud.

Nearly 72% of Americans are either “somewhat,” “very,” or “extremely” interested in AI-powered fraud detection tools.

Seven out of 10 global consumers (69%) indicated they are more skeptical of online content due to AI-generated fraud compared to last year.

76% of consumers are worried about fake digital IDs generated with AI.

78% of respondents said they would be willing to spent more time compelting comprehensive identity verification processes in government services.

When asked who they trust most to protect their personal data from AI-powered fraud, 88% of consumers said "Big Tech."

When asked who should be most responsible for stopping AI-powered fraud, 43% consumers pointed to Big Tech.

When asked who they trust most to protect their personal data from AI-powered fraud, 93% of consumers said "themselves."

Only 36% of consumers claimed they were more trusting of news they encounter online, despite the possibility of deepfakes or manipulated content.