A LinkedIn post from Casap highlights rising concerns about first‑party fraud in the banking sector, citing survey data from more than 400 U.S. bank and credit union executives compiled with Cornerstone Advisors. The post suggests first‑party fraud reportedly grew from 15% of all fraud cases in 2023 to 36% in 2024, framing this as an emerging risk in dispute queues.
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According to the post, two‑thirds of surveyed institutions expect fraud losses to increase again by 2026, while nearly half of respondents reportedly lack clear visibility into how many false claims their current tools detect. The post also indicates that 46% of executives now view consumer fraud as a top concern, up from 33% two years ago, underscoring growing operational and credit‑risk pressures.
The company’s LinkedIn content further notes that 75% of respondents see “agentic AI” as a viable path for fraud detection, although 42% allegedly do not know how to begin adoption. For investors, this points to both heightened cost and loss‑ratio risks for financial institutions and a potential growth opportunity for specialized fraud‑detection and AI‑driven risk‑management vendors.
The emphasis on gaps in existing tools and uncertainty around AI deployment may signal increasing demand for third‑party solutions capable of handling first‑party and consumer fraud more effectively. If Casap can translate this positioning and research into product adoption, it could benefit from secular tailwinds in fraud prevention spending, though the competitive landscape in AI‑powered risk technology remains intense and execution‑dependent.