2026 Digital Banking Fraud Trends in India

BioCatch’s 2026 Digital Banking Fraud Trends in India report highlights the most prevalent types of fraud and financial crime currently plaguing financial institutions in the region. It relies on proprietary data from BioCatch customers in the country.

In this report, you’ll discover:

• An increasingly digital fraud landscape: The rapid growth of Unified Payments Interface (UPI), mobile banking, e-commerce, and online investment platforms continues to drive a high-volume, scam-led fraud environment.
• Faster fraud: Fraudsters are completing attacks more quickly and with less data entry. Customer data shows a 31% decline in average call length and a 32% decline in median session length.
• Text-message-based scams surging: BioCatch customers reported a 146% increase in text-message-based scams in the second half of 2025 and the first half of 2026 compared with the second half of 2024 and the first half of 2025.
• Mobile fraud sessions rising: Customer data shows a 67% increase in mobile fraud sessions, including an 86% rise on iOS and a 35% increase on Android. Web fraud sessions, meanwhile, declined by 10%.
• A strengthening response: Indian banks, the Reserve Bank of India (RBI), the Indian Cyber Crime Coordination Centre (I4C), and law enforcement are enhancing financial crime reporting, AI-led detection, and collaboration. Among BioCatch customers in India, fraud sessions declined 12%.

Download now and strengthen your defenses against fraudsters with BioCatch’s latest insights on the ever-evolving world of fraud and financial crime in India.