Spanish banks working with BioCatch, which prevents financial crime by recognizing patterns in human behavior, reported a 23% decline in overall fraud attempts in the first quarter of 2025 from the same period a year ago. By comparison, a recent survey of banking leaders at banks around the world found 73% of Spanish respondents reported an increase in fraud attempts at their organization. The bulk of this reduction among BioCatch partners comes from a 52% decrease in third-party account takeover fraud (ATO). Social engineering scam case volumes remained flat, now accounting for 58% of all reported fraud in the country.

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