“Fraud is changing—and fast. Over the past year, we’ve seen fraudsters evolve their tactics using tools like generative AI and deepfakes to target weak points in systems with alarming accuracy and scale.” — Mark Straub, CEO, of Smile ID
We’re excited to announce the release of the 2025 Digital Identity Fraud in Africa Report! 🎉
Based on 110M+ identity verification checks, this year’s report uncovers how fraud tactics are evolving and what businesses must do to stay ahead.
📊 Key insights include:
– Biometric Fraud Hits 16% All-Time High—the highest recorded in three years.
– Fraud 4x Higher at Authentication—Returning users experienced fraud rates four times higher than new registrants, highlighting the growing threat of account takeovers.
– SDKs Detect 68% of Fraud Cases—more than twice the rate of other integration methods.
– Financial Sector Most Exposed—digital banks (35%) and microfinance (30%) saw the highest fraud rates.
Download here: https://identityfraudreport2025.usesmileid.com/
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