Business > Top Business
PH digital fraud rate above global average

THE Philippines continues to grapple with elevated rates of digital fraud, a credit reference company said on Tuesday, with suspicious transactions from the country exceeding global averages in the first half.

In an update to its State of Omnichannel Fraud Report, TransUnion said that the country's suspected digital fraud rate of 13.0 percent remained significantly higher than the global average of 5.2 percent.

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