The new economics of fraud: Cheaper, faster, more convincing

Scams have become one of the fastest-growing consumer risks, driven by AI-enabled impersonation, social engineering, and sophisticated attack methods, according to Visa’s Spring 2026 Biannual Threats Report. Criminals redirect efforts toward trust and third parties Fraud involves behavioral manipulation, fragmented ecosystems, and faster attack cycles that use AI to pressure people into authorizing payments themselves. The payments ecosystem continues to strengthen core defenses.