Rise in online scams and under-reporting
Wednesday 1st July, 2026
AIC reports online fraud and scams rose in Australia in 2025, many incidents go unreported, and small businesses and younger people are increasingly targeted.
This gives Wise a chance to speak about protecting customers and secure cross-border payments in Australia and the UK, since fraud hits money transfer users and small businesses hard.
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Why have we flagged this?
Rising online fraud and under‑reporting are directly relevant to Wise customers and operations — you can offer expert comment, data on fraud trends, and prevention measures.
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