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AI-assisted forgery rose from 0% in 2024 to 2% in 2025.

The share of multi-step attacks rose from 10% in 2024 to 28% in 2025, marking a 180% year-over-year growth in 'sophisticated' fraud.

Cambodia recorded the highest ratio of approved applicants linked to fraud networks in APAC at 17%.

Across all industries, there was a 700% global increase in deepfake fraud between Q1 2024 and Q1 2025.

iGaming operators cited the top threats as: Identity fraud: 64.8%, Money laundering: 64.8%, Bonus abuse: 63.8%, Payments fraud: 31.4%, Account takeovers: 23.8%.

Europe saw a 5.1% increase in fraud rates in the iGaming industry, from 1.18% in 2024 to 1.24% in 2025.

Synthetic identity document fraud increased by 311% in North America compared to Q1 2024, making it the region's most alarming growth vector.

Attempted healthtech fraud rose by 384%.

Regional surges in deepfake fraud include Canada (3,400%), Hong Kong (1,900%), Singapore (1,500%), Mainland China (1,183%), Germany (1,100%), the United Kingdom (900%), and the United States (700%).

The top third-party fraud schemes included identity theft (28%), account takeover (19%), and card testing (17%).

In 2025, 40% of companies and 52% of end users reported being victims of fraud.

The top first-party fraud schemes included synthetic identity (21%), chargeback abuse (16%), and application fraud (14%).

1 in 4 respondents in APAC reported being targeted for money-mule recruitment.

In 2025, the sectors most affected by fraud included online media & dating (6.3%), financial services (2.7%), and crypto (2.2%).

The highest fraud rates were recorded in Iraq (9.7%), Pakistan (5.9%), and Tanzania (5.0%).

Fraud rates dropped in Europe by 14.6% and in North America by 5.5%, while increasing by 9.3% in Africa, 16.4% in APAC, and 19.8% in the Middle East.

The overall identity fraud rate decreased from 2.6% in 2024 to 2.2% over 2024-2025, remaining above the 2.0% level of 2023.

Synthetic identity document fraud rose by 195% between Q1 2024 and Q1 2025.

Legitimate players typically register around 6 p.m. in the iGaming industry.

Latin America (LATAM) saw the steepest fraud rise in the iGaming industry, with a 31.8% increase, from 0.88% in 2024 to 1.16% in 2025.

Africa recorded the biggest drop in fraud rates in the iGaming industry, with a 14.7% decrease, from 2.99% in 2024 to 2.55% in 2025.

Reusable KYC solutions have helped slash return-user verification time by half in the iGaming industry.

Average verification time across the iGaming industry decreased from 32 seconds in 2023 to 25 seconds in 2025.

83% of iGaming operators have experienced fraud in the past year.

The deposit stage is now the most targeted point in the user journey, with 41.9% of iGaming operators citing it as the primary fraud flashpoint. Other vulnerable stages include withdrawals: 22.9% and in-game activity: 11.4%.

34.3% of iGaming operators saw a large spike in AI-powered fraud.

Nearly a third (29.5%) of iGaming operators found keeping up with new regulations "very challenging".

Asia experienced a 6.0% decrease in fraud rates in the iGaming industry, from 3.49% in 2024 to 3.28% in 2025.

North America had a 5.2% increase in fraud rates in the iGaming industry, from 1.16% in 2024 to 1.22% in 2025.

Middle East and North Africa (MENA) observed a 4.5% increase in fraud rates in the iGaming industry, from 2.01% in 2024 to 2.10% in 2025.

Fraudulent activity in the iGaming industry most frequently occurs between 4-8 a.m..

78% of iGaming operators encountered a growth in AI-generated fake documents in the past year.

Legitimate players typically register around 6 p.m. in the iGaming industry.

The deposit stage is now the most targeted point in the user journey, with 41.9% of iGaming operators citing it as the primary fraud flashpoint. Other vulnerable stages include withdrawals: 22.9% and in-game activity: 11.4%.

iGaming operators cited the top threats as: Identity fraud: 64.8%, Money laundering: 64.8%, Bonus abuse: 63.8%, Payments fraud: 31.4%, Account takeovers: 23.8%.

43.8% of iGaming operators reported a noticeable increase in AI-powered fraud over the past year.

iGaming operators using Non-Doc verification reported a 53% drop in processing time and 35% more clients onboarded successfully.

Top markets for synthetic identity document fraud globally include Ethiopia (2.17%), Pakistan (2.08%), Nigeria (1.52%), Hong Kong (0.99%), Indonesia (0.84%), and Turkey (0.80%).

Deepfake fraud jumped by 1100% in North America, indicating the use of generative AI to bypass facial recognition and biometric checks.