Business
Over 75% of US Firms Experienced Payments Fraud in 2025, While AI Adoption for Fraud Mitigation Lags
The Association for Financial Professionals (AFP) released its 2026 AFP Payments Fraud and Control Survey Report, underwritten by Truist, demonstrating how payments fraud remains a persistent risk for organizations of all sizes.
About this update from Truist Financial Corporation
[{"type":"text","content":"Survey findings from the Association for Financial Professionals highlight surge in business email compromise and enduring check vulnerabilities","length":144,"tagName":"p"},{"type":"text","content":"ROCKVILLE, Md., April 14, 2026 /PRNewswire/ -- The Association for Financial Professionals (AFP) released its 2026 AFP Payments Fraud and Control Survey Report, underwritten by Truist, demonstrating how payments fraud remains a persistent risk for organizations of all sizes.","length":275,"tagName":"p"},{"type":"image","alt":"Business email compromise affected 74% of organizations in 2025, representing a significant increase from 2023 and 2024, according to the 2026 AFP Payments Fraud and Control Survey, underwritten by Truist.","displaySize":"","headline":null,"caption":"Business email compromise affected 74% of organizations in 2025, representing a significant increase from 2023 and 2024, according to the 2026 AFP Payments Fraud and Control Survey, underwritten by Truist.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":248,"url":"https://media.zenfs.com/en/prnewswire.com/50d1d5a669229e2bc49d7ad12f67a81d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/g.WOtuqipC6P5WHVhkUhyw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQzNw--/https://media.zenfs.com/en/prnewswire.com/50d1d5a669229e2bc49d7ad12f67a81d","width":400,"height":248}},"href":"https://mma.prnewswire.com/media/2953406/AFP_2026_Fraud_Survey_BEC_Trends.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Key takeaways","length":13,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Payments fraud exposure: More than three-quarters of organizations (76%) in the United States experienced attempted or actual payments fraud in 2025.","length":149,"tagName":"p"}]},{"val":[{"type":"text","content":"Lag in AI adoption: Just 17% of organizations leverage AI to combat payments fraud.","length":83,"tagName":"p"}]},{"val":[{"type":"text","content":"Effectiveness of AI: Organizations using AI for fraud mitigation reported enhanced efficiency in fraud reporting (49%), improved detection of deepfake technology (45%) and real-time identification capabilities (43%).","length":216,"tagName":"p"}]},{"val":[{"type":"text","content":"Most targeted payment method: Over half of organizations (58%) reported that checks are subjec...