Taking extra steps to be better protected

Issue 650: 20 September 2024

Sep 20, 2024

∙ Paid

White text on a blue background: "20 per cent of Canadian businesses experienced payment fraud in the past six months". Dark grey "read more" button on the bottom left. "Source: Payments Canada study" on the bottom right.

Canadian payment fraud

One in five Canadian businesses experienced payment fraud in the past six months – despite 63 percent who feel confident in protecting their business against scams.

A new study from Payments Canada reveals that Canadian businesses have a higher rate of payment fraud compared to Canadian consumers at 20 per cent versus 13 per cent, r…

Keep reading with a 7-day free trial

Subscribe to Payments:Unpacked to keep reading this post and get 7 days of free access to the full post archives.