Payment fraud has become ubiquitous, leading to more attacks and an increase in losses for businesses. Sift’s latest Digital Trust & Safety Index exposes attempted payment fraud rising across fintech and digital goods & services industries, and reveals the latest tactics fraudsters are leveraging to scale their profits.

Download Sift's Q1 2023 Digital Trust & Safety Index report to discover:

• The breakdown of rising fraud across industries and sub-industries
• How the Fraud Economy is expanding, with one in five consumers admitting to having committed payment fraud, or knowing someone who has
• How the democratization of fraud has led to fraud-as-a-service (FaaS), in which fraudsters sell on-demand fraud services to less-experienced culprits on the deep and dark web
• How fraudsters are using tactics like “card hopping” to make unauthorized purchases under the radar