According to the 2025 Australian Payment Fraud Report, the total value of card fraud on Australian-issued cards increased by 20 per cent to $913 million in 2024, driven by an increase in overseas card-not-present (CNP) fraud. Overall, there was a 12 per cent year-on-year increase in the overall payment card fraud rate, from 70.2 cents per […]
Tag: cheque usage
Australian Payment Fraud 2024 Report
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 […]
