Hello Lenesh,
As South Africa grapples with a rising tide of fraud — particularly through money mule scams, the most reported fraud scheme — maintaining consumer trust and safety is crucial for growth and profitability.
For a detailed look at where things stand and are headed regarding the fraud landscape, download
TransUnion’s 2024 State of Omnichannel Fraud Report. Enriched with specific insights for South Africa, it uncovers pivotal fraud statistics and provides valuable insights for robust fraud prevention strategies. Findings include:
- Percentage of SA consumers targeted with fraud who didn’t fall victim (56%) and who did (13%)
- SA industry with the highest rate of suspected digital fraud where the consumer is located during the transaction: Telecommunications (15.5%)
Equip your organisation with the knowledge needed to navigate evolving fraud more effectively.
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