BioCatch reports that attempted banking scams increased by 35% over the last 12 months, based on data from more than 370 financial institutions.
Global banking scams increase by 35% ↗
What happened
- BioCatch reports that employment scams had the greatest growth of any scam type, with reported victims up 258%.
- BioCatch reports that nine of every 10 scam sessions originate from a mobile device.
- BioCatch reports an average attempted investment-scam case value of $6,600.
Why it matters to Signicat
- Competitor published original data on scam trends in banking, a market Signicat serves in the Nordics, Benelux, DACH, Iberia and UK; relevance to Signicat's fraud and verification offering is indirect.
- The report's behavioral-intelligence framing positions BioCatch against document- and biometric-centric identity verification; this is a positioning contrast rather than a direct attack on Signicat.
Evidence from the source (5 quotes)
- “employment scams saw the greatest growth of any scam type in 2026, with the number of reported victims increasing by 258%.” source ↗
- “Nine out of every 10 scam sessions now originates from a mobile device, up by five percentage points from last year.” source ↗
- “The $6,600 average case value for attempted investment scams is five times greater than the overall average of all scam types.” source ↗
- “New data from more than 370 financial institutions around the world shows attempted banking scams increased by 35% over the last 12 months.” source ↗
- “The findings suggest those banks using behavioral intelligence to detect fraud are making a marked impact in deterring scam attempts against their institutions.” source ↗
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4 of 4 facts verified against the source · confidence medium · claude-haiku-5-5