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Based on proprietary insights from TransUnion’s global intelligence network, TransUnion found …

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What is a suspected digital fraud attempt?

The rate or percentage of suspected digital fraud attempts reflect those which TransUnion customers either denied in real time due to fraudulent indicators or determined were fraudulent after reviewing—compared to all transactions it assessed for fraud. Download the TransUnion 2023 State of Omnichannel Fraud Report to learn more. ...

How risky is digital fraud in 2023?

Overall, the study found that 5% of all global digital transactions were suspected to be digital fraud in 2023, with the volume of risky transactions up 14% YoY and 105% from 2019 to 2023. This growth continues to outpace the growth in overall digital transactions, which rose 90% from 2019 to 2023. ...

What percentage of digital transactions are fraudulent?

The study showed that 4.6% of all customers’ digital transactions globally were suspected to be fraudulent. This percentage is in line with the rates found in 2019. ...

What is the global rate of digital fraud in H1 2024?

According to proprietary insights from TransUnion’s global intelligence network, the global rate of suspected Digital Fraud remained stubbornly high in H1 2024 at 5.2% of all transactions. For transactions where the consumer was located in the U.S., 4.6% of digital transactions were suspected to be fraudulent over the period. ...

Which countries are included in the TransUnion 2023 state of omnichannel fraud report?

Download the TransUnion 2023 State of Omnichannel Fraud Report to learn more. Specific country and regional data in the report include the United States, Brazil, Canada, Chile, Colombia, Dominican Republic, Hong Kong, India, Kenya, Mexico, Namibia, Philippines, Puerto Rico, Rwanda, South Africa, Spain, United Kingdom and Zambia. ...

Will omnichannel fraud rise in 2023?

Despite a return to something more closely resembling pre-pandemic levels in 2022, the TransUnion (NYSE: TRU) 2023 State of Omnichannel Fraud Report found that digital fraud continues to rise. According to proprietary insights from TransUnion’s global intelligence network and a specially commissioned consumer survey, the pivot to increasingly... ...