Survey: 78% of Europeans accept slower verification to cut fraud risk

Fourthline surveyed 6,000 adults across six EU markets: 78% would accept a slower, more thorough verification process if it reduced fraud risk. BioCatch data shows attempted scams rose 35% over 12 months, with 90% now occurring on mobile devices.

• 78% of Europeans accept slower verification to reduce fraud risk
• BioCatch: scam attempts up 35% year-over-year, 90% on mobile
• 61% trust AI less than a human reviewing the same documents
• 54% would rather verify in person than by phone when opening an account