With Growing Digital Transactions, Financial Cybercrime and Identity Theft in India are Increasing, Reveals FIS PACE Report

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Press Trust of India BENGALURU
Last Updated : Apr 16 2019 | 4:30 PM IST

/ -- Key facts:
2019 FIS PACE study finds that financial frauds' share of victims has doubled to 37 percent of respondents year-over-year
Half of all consumers aged 27-37 experienced fraud during last year
96 percent of consumers who were victimized during last year had switched to mobile apps
The other interesting findings of the report are as follows:
Mobile apps drive engagement and innovation

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About FIS

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First Published: Apr 16 2019 | 4:30 PM IST

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