First-party fraud accounted for less than 10% of fraud in Latin America.

First-party fraud comprises 38.3% of reported frauds globally and remains the leading fraud type for the second consecutive year.

First-party fraud accounted for 51.7% of fraud in EMEA.

First-party fraud averaged just above 3% overall.

The top first-party fraud schemes included synthetic identity (21%), chargeback abuse (16%), and application fraud (14%).

First-party fraud was cited as a prominent cause of fraud loss by 16% of business leaders.

Nearly one-third of Canadians view first-party fraud, such as providing false information on financial applications, as acceptable in certain circumstances or even normal behaviour.