Credit Card Fraud Escalates As Fraud Continues to Be a Concern for Canadians
Equifax(US:EFX) Globenewswire·2025-10-01 17:00- Identity fraud fuels sharp rise in credit card cases -- Equifax Canada Market Pulse Fraud Trends and Insights Report - TORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Equifax Canada’s Market Pulse Fraud Trends and Insights Report for the first half of 2025 reveals a sharp rise in credit card fraud, even as overall application fraud rates across Canada have fallen to their lowest point since Q3 2022. Nationally, application fraud rates dropped to 0.56 per cent in the second quarter of 2025, down from 0.70 per c ...