Ingo Money - The FinTech Fraud Ripple Effect - November 2022 - Learn how fraud can cut into FinTechs’ bottom lines and how it impacts the end user experience

The FinTech Fraud Ripple Effect

FinTech Execs Expose the Real Costs of Fraud For “The FinTech Fraud Ripple Effect,” a collaboration with Ingo Money, PYMNTS surveyed 200 FinTech executives to explore how fraud’s impacts extend beyond the bottom line — and the innovations needed to satisfy their customers.
Inside the November Report
  • 47%: Share of FinTechs that consider fraud to be their most pressing challenge
  • 74%: Portion of FinTechs saying that their lack of payment options adds friction to the user experience
  • 49%: Share of FinTechs that offer instant payments to digital wallets