Friday - October 30, 2026
Financial Technology Association: Research - Social Media and Telecom Scam Losses Projected to Top $5 Billion by 2031
October 30, 2026
WASHINGTON, Oct. 30 (TNSrpt) -- The Financial Technology Association issued the following news release:

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New Research: Social Media and Telecom Scam Losses Projected to Top $5 Billion by 2031

October 29, 2026

Juniper Research report, commissioned by FTA and Revolut, finds Americans will see nearly 1.5 trillion scam ads and receive 28 billion fraudulent texts a year by 2031 without stronger action at the source

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