Nasdaq Verafin’s 2026 Global Financial Crime Report reveals a sharp surge in illicit activity, with $4.4 trillion lost in 2025 up $1.3 trillion since 2023, driven by fraud, drug and trafficking, and AI‑enabled criminal schemes

The report highlights that 90% of financial crime professionals have observed more AI-driven attacks, while 75% of institutions plan to deploy AI for detection, underscoring both the growing threat and the role of technology in fighting it. It calls for enhanced collaboration, intelligence sharing, and next-generation tools to disrupt sophisticated criminal networks and safeguard individuals and communities worldwide…