The Swedish Financial Supervisory Authority has published new payment fraud statistics showing that both the number of reported frauds and the total amounts increased in the second half of 2025. Payment service providers under its supervision reported nearly 179,000 frauds worth SEK 905 million, up from 146,000 cases and SEK 588 million in the first half of 2025, suggesting the earlier decline in fraud volumes may be reversing. The semiannual reporting covers account transfers, card-based transactions, cash withdrawals with cards, e-money transactions and direct debits. The authority noted that the figures are lagged and may partly reflect better detection and reporting by firms, but said the underlying development remains serious. Actual losses for consumers and payment service providers did not increase to the same extent as reported fraud volumes and amounts, indicating improved ability to stop transactions and return funds. It also convened a roundtable with industry associations, public authorities, consumer organisations, payment market participants and social media platforms to discuss further anti-fraud measures, including how to address vulnerabilities as fraudsters use AI tools at scale.
Finansinspektionen2026-06-03
Swedish Financial Supervisory Authority reports payment fraud rose to SEK 905 million and nearly 179000 cases in second half of 2025
The Swedish Financial Supervisory Authority reported that payment fraud cases and amounts rose in the second half of 2025 to nearly 179,000 incidents worth SEK 905 million, up from 146,000 cases and SEK 588 million in the first half. It said improved detection and reporting may explain part of the increase and that actual losses did not rise proportionally, reflecting better transaction blocking and fund recovery. The authority also held a roundtable with industry, public bodies, consumer groups and social media platforms to discuss additional anti-fraud measures, including responses to fraudsters’ use of artificial intelligence.