Tag: online payments
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Ireland Sees 40% Jump in Fraudulent Payments in 2024, Driven by E‑Money and Remittances
Overview of the 2024 Fraud Payments Surge The Central Bank of Ireland’s Payment Fraud Statistics for 2024 reveal a 40% increase in the volume of fraudulent payments compared with 2023. The total value of fraudulent payments rose to €160 million in 2024, reflecting a near 25% year‑on‑year increase. The upsurge is largely driven by fraud…
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Ireland Records 40% Rise in Fraudulent Payments in 2024
Overview of the 2024 Fraudulent Payments Rise A new report from the Central Bank detailing Payment Fraud Statistics for 2024 reveals a 40% increase in the volume of fraudulent payments in Ireland compared with 2023. The total value of fraudulent payments rose to €160 million in 2024, up almost 25% from the previous year. Experts…