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Fraud

First-party fraud rises amidst economic pressures: Equifax

Mario Toneguzzi -
First party fraud rates across Canada rose 31 per cent year-over-year between Q4 2024 and Q4 2025.

AI-Driven Fraud Scams Impact Canadian Retail: Interac

Craig Patterson -
Interac survey finds AI-driven fraud scams rising in Canada, influencing consumer trust and retail shopping behaviour across the country.

Moneris reporting 4% increase in reported fraud cases in 2025

Mario Toneguzzi -
Fraudulent activity has also become more sophisticated, particularly with the growth of AI and other tools that can make it difficult for businesses to identify and report suspect behaviour.

AI fraud hits Canadian companies’ bottom lines: KPMG

Mario Toneguzzi -
81 per cent of businesses that experienced fraud in the past year say they faced an AI-enabled attack with seven in 10 being targeted more than once.

AI-enabled fraud surges as most retailers remain unprepared, Deloitte warns

Mario Toneguzzi -
As retailers embrace AI-driven innovation, fraudsters are using the same technology to launch more complex, scalable attacks

Fraud Cases Drop in Canada, but Risks Persist: Moneris Report

Craig Patterson -
Moneris reports a 15% drop in fraud cases in 2024, yet MOTO fraud, refund scams, and terminal theft remain key risks for Canadian businesses. Stay protected.

Canadians concerned about financial fraud, but few prioritize prevention: Mastercard

Mario Toneguzzi -
Fraud threats are becoming increasingly complex, and Canadians need to stay vigilant, says Mastercard.

Increase in Fraud Hits Retail Industry in Canada as Digitization Accelerates [Feature]

Sean Tarry -
Cybercriminals are capitalizing on vulnerabilities brought about by an ever-evolving retail landscape say experts.
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