Featuring data and payments fraud trends for calendar year 2023, the Australian Payment Fraud Report 2024 highlights current trends and allows us to measure the success of existing, and develop further, industry mitigants. Key findings: Payment card fraud rate is up 22 per cent (70.2 cents per $1,000) in calendar year 2023 – the highest […]
Tag: fraud
Safeguarding older and vulnerable individuals from scams
In this digital age, scams can affect anyone, regardless of age or technological know-how. However, older, and more vulnerable individuals tend to fall prey to scams more often. […]
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Ultradata 2023 Client Conference
Indue was a proud sponsor of our technology partner Ultradata’s 2023 Client Conference, held at the InterContinental Sanctuary Cove on the Gold Coast last week. Indue leaders Chief Customer Officer Fred Perry and Chief Delivery Officer Kevin Lugg were in attendance, taking away some key insights into how technology, data and AI are helping deliver […]
Fraud Statistics Jan 22 – Dec 22
According to the 2023 Australian Payment Fraud Report, in 2022, fraud on payment card transactions increased by 16.5% on the previous year to $577 million, in line with the increase in total spending on cards, which was up by 16% to $1 trillion over the same period. The rate of fraud on Australian card payments was […]
BioCatch Behavioural Insights
Fraud Cases From the Wild In our digital world, behaviour tells all. The BioCatch Behavioural Insights Report presents an overview of fraud attack trends and insights collected by our Threat Analytics team based on their experiences working on the front lines with global customers. In these short stories, we highlight how BioCatch is delivering actionable […]
AusPayNet reminds consumers and merchants to be vigilant online as latest card fraud figures released
Data released today by the industry self-regulatory body Australian Payments Network (AusPayNet) shows a 9.2% rise in fraud on payment card transactions in the 12 months to 30 June 2021 (FY21) alongside an increase in online spending during COVID-19 lockdowns. With total spending on cards rising 5.4% to $847.3 billion during the same period, the […]
Top three 2020 financial crime trends
The global pandemic and subsequent economic downturn has presented a new set of challenges for financial institutions as they work to keep pace with financial crimes across the sector. […]
AusPayNet 2020 Payment Fraud Report – Fraud Statistics Jul 19 – Jun 20
AusPayNet has released their latest 2020 fraud statistics, indicating that Industry effort drives continued decline in card fraud. Find out about payment fraud trends and download the full report here. […]
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IBM Safer Payments – Indue’s fraud monitoring platform wins Award
The next generation platform powering Indue’s Orion Financial Crimes fraud monitoring solution, has been recognised at the Asia Risk Technology Awards 2020. […]
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AusPayNet 2020 Payment Fraud Report Released
Auspaynet’s 2020 Payment Fraud Report has been released. Find out about payment fraud trends and download the full report here. […]
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