Global Fraud Trends

by PaymentsJournal 0

Fraud Trends by Continent

1. The fraud rate in Africa is as much as 10 times higher than the world average fraud rate!
2. South America is the second runner up with a fraud rate which is 3 times higher than the world average fraud rate
3. The fraud rate in Asia is similar to the global average
4. The fraud rate in Europe is slightly lower than the global average
* The actual average rate is not included in this information, since the average is calculated and compared on a per-industry basis, because we know that the average fraud rate varies significantly between the different industries.

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