first-party fraud

5 articles
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
GlobeNewswire Inc.GlobeNewswire Inc.··Equifax Canada

Canadian SMBs Face Growing Credit Stress as Debt Climbs and Bank Delinquencies Rise

Equifax Canada data shows financial trade delinquencies rising 9.02% YoY to 3.52%, while SMB debt averages $30,035. Service sectors face mounting pressure.
EFXmanufacturingOntario
GlobeNewswire Inc.GlobeNewswire Inc.··Equifax Canada

Canadian Fraud Fatigue: First-Party Fraud Surges as Public Demands Stronger Defenses

Equifax Canada survey shows Canadians increasingly exhausted by fraud threats, with first-party fraud rising to 0.33% in Q4 2025 amid calls for stronger institutional protections.
EFXcybersecuritydigital payments
GlobeNewswire Inc.GlobeNewswire Inc.··Equifax Canada

First-Party Fraud Surges in Canada as Citizens Grapple with Scam Fatigue

First-party fraud in Canada surged 32% to 0.33% by Q4 2025, with 83% of consumers worried about AI-generated fake documents and widespread fraud fatigue.
EFXcybersecurityconsumer protection