FICO: AI arms race is reshaping the fraud threat across EMEA
FICO research finds that AI-enabled fraud is growing more complex at EMEA banks, pushing the market towards biometric identification and continuous trust-building. Friction is returning for European bank customers, and payment fraud costs the UK nearly £1.3 billion a year.
Who is affected and how
- banking professional
- Fraud prevention should prepare for higher-friction, continuous authentication.
- retail customer
- Additional verification steps may increase, but they serve to protect against fraud.
- fintech company
- Demand for behavioural-analytics and biometric solutions is growing.
Sources
- AI Arms Race Is Radically Reshaping the Fraud Threat in EMEA, FICO Research Findsyahoo finance · Oct 5, 2026
- AI Arms Race Is Radically Reshaping the Fraud Threat in EMEA, FICO Research Finds | FICOinvestors.fico.com · Oct 5, 2026
- AI-Enabled Fraud Grows More Complex Across EMEA Banksfinancex magazine · Oct 5, 2026
- Elevated fraud risk brings friction back into fashion for European bank customers | Biometric Updatebiometricupdate.com · Oct 5, 2026
- Why Payments Must Build for Fraud Rather than Wish it Away - The Fintech Timesthefintechtimes.com · Oct 8, 2026 · magyar
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