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: fraud
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 […]
Ultradata 2023 Client Conference
Indue was a proud sponsor of our technology partner Ultradata’s 2023 Client Conference, held at the InterContinental Sanctuary Cove on the Gold Coast last week. Indue leaders Chief Customer Officer Fred Perry and Chief Delivery Officer Kevin Lugg were in attendance, taking away some key insights into how technology, data and AI are helping deliver […]
Fraud Statistics Jan 22 – Dec 22
According to the 2023 Australian Payment Fraud Report, in 2022, fraud on payment card transactions increased by 16.5% on the previous year to $577 million, in line with the increase in total spending on cards, which was up by 16% to $1 trillion over the same period. The rate of fraud on Australian card payments was […]
