2026 Fraud Insights Report

U.S. Payments Edition

Fraud is no longer expanding uniformly. Analysis shows that fraudsters are redistributing proceeds across payment rails, channels and behaviors. This report provides a data-driven view of where risk is intensifying and how detection strategies must evolve.

Understanding where fraud is shifting, and why, is critical to prioritizing controls, allocating resources and maintaining detection effectiveness in a rapidly changing environment.

Key Insights

• Fraud value and volume are diverging: P2P drives activity, while check and wire concentrate financial impact
• ACH fraud is accelerating: outpacing payment growth and increasing exposure per transaction
• Domestic wire risk is increasing: with rising loss severity and growing authorized fraud share
• Traditional digital signals are weakening: new-device and new-payee indicators are no longer sufficient on their own
• Fraud is becoming more networked and coordinated: requiring a shift toward behavioral and cross-institutional intelligence

These trends point to a common conclusion: fraud is becoming more targeted, more coordinated and more difficult to detect using traditional approaches. Institutions that adapt their strategies accordingly will be better positioned to manage emerging risk and protect both customers and revenue.