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GlobeNewswire Inc.GlobeNewswire Inc.··Not Specified

First-Party Fraud Surges 31% as Economic Pressures Drive Consumer Deception

First-party fraud surged 31% year-over-year in Q4 2025 per Equifax Canada, with credit card fraud nearly doubling as economic pressures drive consumer financial misrepresentation.
EFXbanking sectorCanada
GlobeNewswire Inc.GlobeNewswire Inc.··Equifax Canada

First-Party Fraud Surges 31% as Economic Strain Pushes Canadians to Falsify Finances

Equifax Canada reports 31% surge in first-party fraud year-over-year, with credit card fraud nearly doubling among younger consumers facing economic pressure.
EFXfinancial misrepresentationfraud detection