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deep tech PYMNTS.com May 20, 2026

Apple Says App Store Shut Down 1 Billion Fake Accounts in 2025

Apple Says App Store Shut Down 1 Billion Fake Accounts in 2025
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Apple ’s App Store prevented $2.2 billion in fraudulent transactions last year. That’s according to the tech giant’s annual fraud prevention report , issued Wednesday (May 20) and showing that Apple has stopped more than $11.2 billion in fraudulent transactions in the last six years. Apple credits this to a “multilayered” defense system, which melds “expert human review and advanced machine learning technologies to detect and stop malicious activity,” such as the theft of customers’ financial in

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