2025 Digital Banking Fraud Trends in the United States

BioCatch’s 2025 Digital Banking Fraud Trends in the United States report highlights the most prevalent types of fraud and financial crime currently plaguing financial institutions in the U.S.

In this report, you’ll discover:

• Scams remain a top concern: Social engineering scams remain the most common type of fraud in the U.S. Impersonation and purchase scams dominate by volume, while investment scams drive the highest average and total losses.
• Bot use is back: After a noticeable decline two years ago, bot activity began climbing again at the end of 2024 and continues to accelerate. BioCatch U.S. customer data shows a threefold increase in bot-driven account opening fraud.
• Money mules on the rise: Confirmed money mule cases have more than doubled in the first half of this year compared with the same period last year.
• Remote access fraud surges: Use of remote access tools — software that lets someone control a device from elsewhere — has jumped 50% in account takeover (ATO) fraud. This method allows fraudsters to bypass traditional security measures by gaining direct access to victims’ devices, making detection and prevention more difficult. The sharp rise highlights both the growing sophistication of ATO tactics and the need for stronger behavioral defenses.
• The case for behavior: Deposit fraud remains the most commonly reported fraud type in the U.S., but BioCatch customers have seen cases decline across both account opening journeys and existing accounts. BioCatch U.S. customer data also shows an 18% reduction in fraud during account onboarding.

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