Regulatory Alerts2026-05-20
Added · Updated
Fraud in Payments – Trends Observed in 2025
The Bank of Latvia reports that in 2025, there were 35,700 fraudulent payment transactions totaling 10.7 million euros, representing an 11% increase in volume but a 10% decrease in value compared to 2024. Credit transfers accounted for 20% of the transaction count but 77% of the value, while card payments accounted for 80% of the count and 23% of the value. The data indicates that 89% of fraudulent electronic payments were authorized using secure user authentication, demonstrating that fraudsters primarily manipulate payers rather than bypass technical security measures.