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 […]
Tag: fraud statistics
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. […]
Read More… from AusPayNet 2020 Payment Fraud Report – Fraud Statistics Jul 19 – Jun 20