AI agents now commit 40% of all fraud attempts. Last year it was 3%. Your fraud team is already behind.

Incode just bought Identiq for $100M.

Not for the technology. For the stat behind it.

Incode processed 7 billion identity verifications. Their data shows agentic fraud — fraud committed by AI agents — went from 3% of all attempts in 2024 to 40% in Q1 2026.

They project it will exceed 90% within 18 months.

Read that again. Your fraud detection stack was built for humans. The adversary is now a machine.

The banks already know. Incode serves 8 of the top 10 US banks. They're not buying Identiq's cryptography as a nice-to-have. They're buying it because their existing customers are drowning in agent-driven fraud and the old model of sharing threat intelligence through centralized data lakes creates the exact attack surface attackers exploit.

This is the pattern repeating across enterprise AI.

Your security team deployed AI agents to accelerate operations. Attackers deployed AI agents to accelerate fraud. The same infrastructure you built for efficiency is now the weapon.

The 20-day patch cycle, the manual fraud review, the quarterly security audit — none of it survives in a world where agents attack in minutes and adapt in hours.

Audit your fraud detection pipeline today.

If your identity verification stack still assumes a human is on the other end, you are already compromised.

SOURCE: https://www.incode.com/press/incode-acquires-identiq-to-expand-its-privacy-first-architecture
VERIFIED: BusinessWire (June 25, 2026), Biometric Update (June 25, 2026), Incode press release
SIGNAL: Agentic fraud growing 13x in one year signals the collapse of human-speed fraud detection. Every enterprise with customer-facing identity verification needs to reassess their threat model now.