New TransUnion Analysis Finds 2.6% of Canada's Attempted Ecommerce Transactions Between US Thanksgiving and Cyber Monday Suspected to be Fraudulent [Yahoo! Finance]
TransUnion (TRU)
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Source: Yahoo! Finance
TORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- As Canadians took advantage of retail deals offered between 28 November (US Thanksgiving) and 2 December (Cyber Monday), a new analysis from TransUnion ® (NYSE: TRU) found that 2.6% of attempted consumer ecommerce transactions in Canada were suspected to be Digital Fraud during this holiday shopping period. This was up 51% from 1.7% over the US Thanksgiving period last year. The analysis reviewed attempted ecommerce transactions from across the globe and found that 4.6% of transactions worldwide were suspected to be Digital Fraud over this time period – colloquially known as the Cyber Five. Based on proprietary insights from TransUnion's global intelligence network, TransUnion found that the global suspected Digital Fraud rate was down from 6.0% during the same period in 2023. The study determined that the average volume of suspected Digital Fraud attempts on any given day during that holiday period globally was 30.2% lower than it was i
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TRU
Earnings
- 10/23/24 - Beat
TRU
Sec Filings
- 12/17/24 - Form 8-K
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- TRU's page on the SEC website