As businesses navigate the ongoing digital transformation, payment fraud continues to pose a significant threat. Sift’s Q1 2025 Digital Trust Index offers data and insights on current payment fraud trends, consumer behavior, and effective fraud mitigation strategies. Read the report to discover:
- Persistent Payment Fraud Threats: As fraud attempts continue to evolve, industries such as ticketing and reservations have seen significant increases in attempted fraud.
- High-Risk Payment Types: Loyalty points, digital financing, and prepaid cards experienced the highest fraud attack rates in 2024.
- Consumer Impact: 44% of surveyed consumers have been victims of payment fraud, with 34% seeing offers to participate in fraud online.
- Generational Differences: Younger generations prefer alternative payment methods and are more likely to continue using sites where they have experienced fraud.
